Luxembourg, Oct. 23 -- The Boards of Directors of the European Investment Bank (EIB) and the European Investment Fund (EIF) approved a total of €9.2 billion in fresh financing to expand innovation in the housing sector, strengthen energy security and support healthcare and water systems across Europe.The EIB Board authorized a first-of-its-kind €400 million HousingTech initiative to support mid-cap and large companies in the EU housing market to accelerate industrial, technological and construction innovation. This new funding will help develop new construction materials, machinery and engineering to improve the quality and lower the costs of housing, while boosting European innovation and competitiveness.This new initiative bac...