Housing
Government housing investment to fall 63.5% in 2027 as PRR ends, a drop of 1.844 billion euros
Government investment aimed at addressing the housing crisis is set to decrease by 63.5% in 2027, falling from 2.905 billion to 1.061 billion euros, according to the 2027 State Budget proposal. The 1.844 billion euro reduction is largely due to the conclusion of the Recovery and Resilience Plan (PRR) and includes a 1.45 billion euro cut to planned municipal housing investments.
Why it matters
If you are counting on local housing solutions or municipal affordability programs, expect significantly reduced investment and potentially slower progress on new housing projects throughout 2027 due to these budget cuts.CNN PortugalRead original ↗
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