Minister of Economy Manuel Castro Almeida announced a new credit line allowing municipalities (municípios) to develop land for home construction. Speaking on Thursday, Almeida acknowledged that Portugal's housing shortage is severe and will take time to resolve, but stated the executive has room to introduce further measures to accelerate construction. The initiative aims to help local councils prepare urban infrastructure on public plots to expand the country's housing supply.
Government Announces Credit Line for Municipalities to Build Housing
Friday, 30 October 2026AI summary
4 sources
- “There is still room for additional measures to accelerate the supply of homes”eco.sapo.pt ·
- Municipalities to have credit line for urban land developmentobservador.pt ·
- Municipalities to receive credit line to develop land for housing constructionrtp.pt ·
- A new cycle of struggle in PortugalGreen Left ·
