Latest news and stories about affordable housing in Matosinhos, Porto, Portugal for expats and residents.
The Matosinhos City Council has completed the handover of 512 housing units, with the final 105 keys delivered to residents this week. The project, funded by a €122 million investment, aims to increase the availability of public housing in the municipality.
Matosinhos municipality is facilitating the construction of 140 affordable rental units by granting land for 90 years, providing financial aid, and streamlining the approval process for housing cooperatives.
The Mayor of Matosinhos says that in May, the “conditions for the transfer of the land in question” had not yet been defined. At stake is the construction of 1,000 homes, 204 of which are for affordable rent.
The team led by Luísa Salgueiro intends to create a 'National Affordable Housing Service'. The proposals will be presented on October 24th.
The City Council is moving forward without waiting for the PSD/CDS-PP Government. Luísa Salgueiro guarantees that more than 20 million will be recovered from the State. Ready in 3 to 4 years.
The Mayor of Matosinhos announced to Lusa this Friday that she will request a 40 million euro loan to build 500 affordable housing units, with one of the developments being exclusively for young people up to 35 years old. “We are a municipality that, in addition to execution capacity and good teams, has...”
The city council moved forward without waiting for national funding. Luísa Salgueiro guarantees that the loan will be repaid once public funds arrive.
