If you’re looking to develop a real estate project aimed at specific populations in France—such as housing for the elderly, youth, or social services—Banque des Territoires offers financing through its PHARE loan program. This funding is designed to support projects like medical facilities, collective housing, and family rental sites. Contact your regional representative to explore options tailored to your needs.
Objectives
The PHARE loan program provides financing for various real estate projects targeting specific populations. This includes construction, acquisition, and rehabilitation of facilities that serve the elderly, disabled, or youth. The program is particularly focused on enhancing social inclusion and accessibility through well-planned housing and community services.
Beneficiaries
The PHARE loan is available to a wide range of entities involved in real estate development, including:
- Municipalities
- Intercommunalities
- Overseas collectivities with special status
- Local public enterprises (Sociétés d’économie mixte, Syndicats de communes, etc.)
This program is not limited to private developers; public entities are encouraged to apply.
Eligible operations
Eligible projects under the PHARE loan include:
- Medical and social facilities for the elderly or disabled
- Collective housing structures for young people
- Institutions providing child welfare and juvenile justice services
- Permanent reception areas and family rental sites for travelers
Projects must align with the program’s goal of enhancing social cohesion and accessibility.
Eligibility conditions
Key conditions for accessing the PHARE loan include:
- Compliance with state aid regulations, ensuring no aid elements are involved
- Projects must be aimed at specific populations as outlined
- Contact Banque des Territoires for detailed eligibility criteria and application procedures.
Grant amount
The PHARE loan is structured as a long-term loan, with specific terms and conditions depending on the project. For detailed financial terms, including interest rates and repayment conditions, please consult the official website. This program is designed to be flexible and can accommodate various project scales.
Frequently asked questions
Who can apply for the PHARE loan?
The PHARE loan is available to municipalities, intercommunalities, overseas collectivities, and local public enterprises involved in real estate projects for specific populations.
What types of projects are eligible for funding?
Eligible projects include medical facilities, collective housing for youth, child welfare institutions, and family rental sites for travelers, all aimed at enhancing social inclusion.
How can I contact for more information about the PHARE loan?
You can find your regional contact through the Banque des Territoires website, where you can also access a contact form for inquiries.
Is there a deadline for applying for the PHARE loan?
There is no specific application deadline for the PHARE loan, but it is advisable to contact Banque des Territoires for the most current information and to discuss your project.
Can I combine the PHARE loan with other funding sources?
Combining the PHARE loan with other funding sources may be possible, depending on the project specifics. Consult Banque des Territoires for guidance on financing strategies.