NRW.BANK Special Program Flood Protection
Low-interest installment loans for investments in water management measures for flood protection in North Rhine-Westphalia – up to 100% of planning costs and 60% of investment costs, terms up to 50 years.
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Grant criteria
Funding objective
Funding complementary to state subsidies for investments in water management measures such as flood protection, near-natural watercourse development, investigations, surveys, planning, as well as construction or adaptation of reservoirs, including the necessary land acquisition and public relations.
Eligible expenses
- Planning costs
- Project-related investment costs
- Land acquisition
- Public relations
Non-eligible expenses
- Refinancing
- Projects of the federal government and the state
Eligible to apply
- Public Institutions
Funding requirements
- Eligible to apply are cities, municipalities, districts, municipal associations, special statutory water associations, associations under the Water Association Act, as well as other legal entities under public law
- Only investment costs not covered by state grants are financed
- Fulfillment of the usual requirements for municipal loans
- Compliance with the ESG funding requirements of NRW.BANK
- Measures may only commence after approval by the district government or after approval of an early start
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Documents required for application
- Refinancing application
- Summary project description
- Application according to the funding guideline Flood Risk Management and Water Framework Directive
Description
As part of a low-interest installment loan, NRW.BANK provides financial resources for investments in water management measures for flood protection in North Rhine-Westphalia. Planning services are funded up to 100% and project-related investment costs up to 60% of eligible expenses. The loan offer includes terms of up to 50 years and allows flexibly agreed repayment-free years. Eligible municipal administrations and public bodies can thus implement near-natural watercourse developments, investigations, surveys, planning, as well as the construction or adaptation of reservoirs including necessary land acquisition and public relations within an attractive overall financing package. This loan complements existing state grants and ensures a long-term, sustainable implementation of water management projects.
Eligible applicants are cities, municipalities, districts, municipal associations, special statutory water associations, as well as other legal entities under public law (excluding federal and state governments). Requirements include meeting the usual criteria for municipal loans, compliance with the binding ESG funding requirements of NRW.BANK, and the start of measures only after official approval or authorization of an early start. Debt restructuring is excluded from funding. Eligible expenses include, in addition to planning and construction costs, land acquisition and public relations. Thus, the program offers public clients a long-term financing solution over a project duration of up to 600 months and enables combination with other funding sources for optimal implementation of flood protection measures.
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