Matosinhos to Invest €15 Million in Housing

30 December 2020 

Based on its 2021 MatosinhosHabit Activity Plan and Budget, the municipality of Matosinhos is set to implement a series of innovative measures for the local housing.

Under the programme First Right and within the scope of an agreement with the Institute of Housing and Urban Rehabilitation (IHRU), MatosinhosHabit intends to develop housing resources for families currently considered to be in precarious conditions and which do not the financial possibility to access adequate housing.

The municipality of Matosinhos will use the 15-million-euro investment to fund the renovation of several housing estates.

Original Story: Diário Imobiliário

Translation: Richard Turner