EIB provides EUR 300 million through IFRRU 2030 to bring more housing onto the Portuguese market
Portugal, Nov. 4 -- The European Investment Bank (EIB) is providing €300 million to support IFRRU 2030, a financial instrument established to increase the availability of affordable and sustainable housing across Portugal. The operation will mobilize public and private investment in the construction and rehabilitation of housing, with a particular focus on bringing privately owned housing units onto the market as affordable or moderate-rent housing.The investment will be delivered through two main components: Build-to-Rent and Renovate-to-Rent. Together, they will support the construction and refurbishment of housing for rental, contributing to the regeneration and transformation of neighborhoods and helping create a more sustainable,...
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