Our resources

The EPF's resources, determined by its founding decree, comprise 4 kinds of resources. These are by order of importance.

1. The Special Development Tax
   The Special Development Tax (Taxe Spéciale d’Equipement, TSE) is a specific tax granting own resources to the Etablissements Publics Fonciers. This tax is added to the four direct local taxes (taxes on land and buildings, residence tax and professional tax). Taxpayers permanently or temporarily exempt from any one of these four taxes are also exonerated from TSE. Its amount is fixed each year by the EPF's Board of Governors, within the limit of 20 Euros per Nord-Pas de Calais inhabitant*. Since 2007, the TSE has yielded 32 million Euros per year to the EPF Nord-Pas de Calais, i.e. 8€ per year and inhabitant.
2. Sales proceeds
   The proceeds of sales of land and buildings purchased by the EPF at the request of local communities. These assets are sold to the communities or their designated agents.
3. Other financial participations
   The EPF covers a large part of the expenses of sites redevelopment. However, in order to carry out these works, the EPF requests other financial supports. Various organisations take part in the works' funding:
   - Public communities and bodies (local communities, department, region, state, ADEME, ANRU, etc.)
   - European structural funds (FEDER)
   - Private companies on certain operations
4. Loans
   For the record, the EPF has only contracted one loan to this day (15 million euros in 2005 to purchase land for social housing)