Housing

Largest municipalities are waiting to receive almost 200 million euros from IHRU

Major Portuguese municipalities are currently waiting for nearly 200 million euros in funds from the IHRU (Institute for Housing and Urban Rehabilitation) to support housing projects. Some councils, such as Matosinhos and Braga, have been forced to take out bank loans to bridge the gap while waiting for promised PRR (Recovery and Resilience Plan) funds.

Why it matters

If you live in a large municipality that relies on IHRU/PRR funding for affordable housing projects, delays in these payments could stall the development of new homes or the renovation of existing ones in your area.

Expresso· 56m agoRead original ↗

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