The Municipal Investments Development Fund
Preferential credits granted from The Municipal Investments Development Fund have a purpose of enabling the municipalities and their unions to finance costs of municipal investment project preparation, assigned for co-financing from the European Union Funds. Municipalities applying for credits from MIDF can benefit from an exceptional public orders procedure independently, without the necessity to carry out a tender among other banks.
The credit is assigned to prepare municipal investment projects targeted to be co-financed from the European Union funds. Such projects cover a study of investment feasibility, cost analysis and benefits as well as the remaining project documentation, analysis, expertise and studies necessary for the preparation of investment realization. The credit amount cannot exceed PLN 550,000 for one project, as well as 80% of net planned costs.