Portugal, Sept. 7 -- Portugal will upgrade or build a total of 50,000 social housing units across the country with the support of a €1.5 billion loan from the European Investment Bank (EIB). Both sides today signed an agreement for an initial €500 million tranche.The EIB financing supports one of Portugal's largest public investment programmes to improve the quality, safety, and accessibility of social housing. Under the Local Housing Strategies, it aims to improve living conditions for vulnerable households and make communities more inclusive, resilient, and sustainable. Investments will focus on improving the quality, safety, accessibility and energy performance of residential buildings, while contributing to urban regeneratio...