Housing
Northern Portugal gathers builders and mayors to seek affordable housing solutions
The Northern Region Coordination and Development Commission (CCDR-N) is hosting a housing summit in Gaia on Wednesday 4 November, bringing together construction companies and municipalities such as Porto, Matosinhos, Braga, Famalicão and Viana do Castelo. CCDR-N has allocated 285 million euros in funding, with 200 million earmarked for municipal affordable housing projects and 85 million for 'function housing' aimed at professionals like doctors, nurses, teachers and legal workers in lower-density areas. The initiative comes as the effort rate to buy a home in the region reaches 73.5% for an average net wage earner.
Why it matters
If you live in northern Portugal and are looking for housing, this summit launches a 285-million-euro funding push aimed at municipal affordable homes and housing for public-sector workers in the region.CNN PortugalRead original ↗
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