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EIB finances 50 thousand social homes with €1.5 billion
Business
Инвестиции

EIB finances 50 thousand social homes with €1.5 billion

Expresso7 September 2026 at 17:15

The European Investment Bank (EIB) will finance the construction of 50 thousand social homes in Portugal, with a total investment of 1.5 billion euros. This financing comes as a response to the need for affordable housing in the country.

The homes covered by this program were identified by Portuguese municipalities in their local housing strategies. However, these homes were not able to be included in the Recovery and Resilience Plan (PRR), which prompted the search for alternative sources of financing.

The loans granted by the EIB have advantageous conditions, including lower interest rates and longer grace periods. These conditions make financing more accessible for municipalities to implement their social housing projects.

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