National Recovery and Resilience Plan and National Complementary Fund Project Loan launched
Support local authorities in designing investments related to the National Recovery and Resilience Plan or the National Complementary Fund. This is the objective of the NRRP/National Complementary Fund Project Loan launched by Cassa Depositi e Prestiti.
The facility - available until 31 December 2024 for municipalities, metropolitan cities and provinces that have applied for or are already recipients of NRRP/National Complementary Fund resources - may be used to finance expenditure to prepare project documentation for investments eligible for use of the resources provided by the NRRP or National Complementary Fund.
The loan, with a minimum amount of €2,500, is disbursed in one or more instalments in accordance with CDP's usual procedures and must be repaid upon receipt of the NRRP/National Complementary Fund resources, without any additional charge to the authorities.
The amortisation of the loan - with a term of five years - begins on 1 January of the second calendar year following the date of conclusion of the contract.
The application can be submitted through the Domanda Online application on the Local Authorities and PA Portal of the CDP website.