Overview
- The program provides ILB loans capped at 1% interest with a total volume of up to €500 million running until 2029.
- Municipalities may borrow up to €10 million per year, while districts and independent cities may borrow up to €15 million.
- Standard maturities are 10 years with repayment, extendable to a maximum of 20 years.
- Eligible investments include bridges, roads, cycle paths, climate projects, childcare facilities, schools and public transport.
- The package complements the federal infrastructure special fund, with about €1.5 billion earmarked for municipalities and €50 million in state grants planned.