EIB Commits €300 Million to Expand Affordable Rental Housing in Portugal
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The Government and the European Investment Bank (EIB) will provide an additional EUR 300 million to increase housing supply in Portugal. The funding is intended to support the construction of new buildings and the rehabilitation of rented buildings, with the aim of placing more houses on the market at affordable or moderate prices. The operation aims to mobilise public and private investment and strengthen the response to the housing crisis.
EIB commits €300 million to expand affordable rental housing in Portugal
IFRRU 2030 will support new construction and rehabilitation with more than 64% of homes expected in cohesion regions IN BRIEFKEY TAKEAWAYSFAQs The European Investment Bank is providing €300 million through Portugal’s IFRRU 2030 financing instrument to increase the availability of … Read the full press release →
The European Investment Bank (EIB) will provide EUR 300 million to support IFRRU 2030, a financial instrument aimed at increasing the supply of affordable and sustainable housing in Portugal. The financing aims to mobilise public and private investment for the construction and rehabilitation of rental properties, helping to respond to the difficulties [...] The content Portugal: EIB provides EUR 300 million to strengthen the supply of affordable…
EUR 300 million will be channelled into the construction and rehabilitation of rental properties.
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