Olhão approves €49 million loan request, with €40 million earmarked for housing

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The municipality of Olhão has approved a loan of 49 million euros, of which 40 million for housing, in a response to the crisis affecting in particular the Algarve.

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Investment of 40 million in housing includes funding of 49 million approved by the House of Olhão, which awaits decision of the Municipal Assembly.

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The loan totals 49 million euros and depends on the approval of the Municipal Assembly. Ricardo Calé highlights the fixation of the youngest in the council. The content Olhão House approves request for loan with 40 million for housing appears first in Barlavento.