NRW.BANK extends low-interest loans for the construction of rented flats and the construction and acquisition of owner-occupied homes for low-income households. NRW.BANK is responsible for the disbursement and management of loans, subsidies and guarantees. In addition, NRW.BANK monitors the North Rhine-Westphalian housing market and uses the information collected in this context to publish regular reports on the latest trends. This makes NRW.BANK an important instrument in North Rhine-Westphalia’s housing policy. Furthermore, within North Rhine-Westphalia, NRW.BANK executes the housing programmes of KfW Förderbank, Germany’s federal development bank.