The Government announced a new 1.5 billion euro credit line to support the construction and renovation of approximately 50,000 social housing units. This credit line was agreed with the European Investment Bank (EIB).
The targeted housing consists of those left out of the Recovery and Resilience Plan (RRP) program, meaning they were not covered by the European funds intended for post-pandemic recovery.
The main objective of this credit line is to enable municipalities and other entities to finance social housing construction and rehabilitation projects that had no coverage under the RRP.
With this agreement, the aim is to accelerate the response to affordable housing needs in Portugal, directly supporting communities that depend on social housing solutions.



