CDP launches the “PNRR-NCP Investment Loan”

CDP launches the “PNRR-NCP Investment Loan”

New measure to support public development projects

Supporting public authorities with the delivery of development projects in strategic sectors, in accordance with the National Recovery and Resilience Plan (NRRP) and the National Complementary Plan (NCP). This is the main objective of the “NRRP-NCP Investment Loan”, the new financial instrument that as of today Cassa Depositi e Prestiti (CDP) is making available to public administrations to encourage investments for the country's economic and social growth.

The new loan is available to municipalities, provinces, metropolitan cities and non-territorial public bodies that are already beneficiaries of grants under the NRRP or NCP.

The loans have a repayment term of either 5 or 20 years and can be allocated up to a maximum of 30% of the grant provided to the organisations under the NRRP and NCP. The loan can be disbursed until 31 December 2026 and aim to bridge liquidity requirements (while awaiting receipt of funding) for investments in crucial sectors for the country's development and wellbeing. Among other things, funding will be available for the construction of schools and healthcare facilities, urban regeneration, as well as energy and water efficiency projects.

The new product offers a tangible solution to the funding requirements of public administrations, reaffirming CDP's dedication to working with them to generate a positive impact on the ground in Italy, in line with the 2022-2024 Strategic Plan. The loan expands the array of solutions available and bolsters activities to support the National Recovery and Resilience Plan and the National Complementary Plan.

On the CDP website, there is a dedicated page where it is possible to review the documents detailing the specifics of the loan for Local Authorities (Circular No. 1280) and for Non-Territorial Public Entities (Circular No. 1306).

Local authorities will be able to submit applications online by 31 December 2025 via the Local Authorities and PA Portal. Non-territorial public entities (for instance, local health authorities, hospital authorities, state universities and port system authorities) must instead submit their application through Certified Email (PEC) to by the same deadline.