COIMA SGR (COIMA) has announced the COIMA Housing Fund (COIMA Housing), dedicated to sustainable living, which will focus on the development of a range of types of social and subsidized housing, as well as student living. 

COIMA announced the fund after announcing a partnership with the Consorzio Cooperative Lavoratori (CCL), a consortium of housing co-operatives, and other public and private sector entities. COIMA plans to invest more than EUR400 million (US$437 million), with an initially planned closure of about EUR300 million (US$328 million). The main investor and sponsor of COIMA Housing is the COIMA ESG City Impact Fund (CECIF), a dedicated urban regeneration fund in Italy. The fund will include the banking group Intesa Sanpaolo as part of its mission to support the construction of 8,000 social housing homes for young people and the elderly. 

The partnership between COIMA and CCL brings together housing cooperatives with private investors to develop innovative residential projects across Italy with a focus on sustainable mixed-use urban development. COIMA Housing will provide up to 25% of social housing needs in Milan, which is estimated at 40,000 homes. The first project, which will be implemented through COIMA Housing, will provide 320 homes as part of a massive renovation of the Porta Romana railway station, where the 2026 Winter Olympics Athletes' Village will be built. The reconstruction of Porta Romana provides for about 50,000 m2 of social housing (ERS).