The investment should result in the provision of 26,000 housing units to households, which are either newly built, purchased or renovated with certified energy performance investments. It will be carried out throughout continental Portugal. The project aims to address the structural shortage of permanent housing for more vulnerable groups and is part of an overall government strategy to increase the public housing stock, relieving the challenge of housing affordability. The local housing strategies of more than 200 municipalities were approved by February 2023 and construction works are under way across the country. The Recovery and Resilience Facility funds this investment with EUR 1.2 billion and the investment is expected to be finalised by the end of June 2026. Copyright: Portuguese authorities More information can be found on the webpage of the Institute for Housing and Urban Rehabilitation (IHRU) here. Examples under this investment: Construction of 49 homes at Soldado Ferrer Street, Montenegro The housing stock with 49 dwellings in Montenegro near Faro is intended to relocate 49 families currently residing in the Praia de Faro, under a lease supported by the municipality. The works were awarded at the beginning of February with a two-year implementation period and an estimated cost of EUR 5 million. More information can be found at the links below: https://www.portugal.gov.pt/pt/gc23/comunicacao/noticia?i=estado-ja-tem-contratualizadas-234-estrategias-locais-de-alojamento- https://jornaldoalgarve.pt/habitacao-costa-diz-que-faro-e-caso-exemplar-da-parceria-entre-governo-e-autarquias/ https://www.cm-faro.pt/pt/noticias/57093/municipio-adjudicou-construcao-de-conjunto-habitacional-para-arrendamento-apoiado-em-montenegro.aspx https://www.google.com/maps/place/R.+Sd.+Ferrer,+Faro/@37.0243054,-7.9634108,17z/data=!3m1!4b1!4m6!3m5!1s0xd054d56708bad57:0xd0c54ce33f4b6a1a!8m2!3d37.0243011!4d-7.9612221!16s%2Fg%2F1v8gd8x8 Copyright: Portuguese authorities Project video on Social Media : 𝗣𝗥𝗥 - 𝟭.º 𝗗𝗶𝗿𝗲𝗶𝘁𝗼 - 𝗣𝗿𝗼𝗴𝗿𝗮𝗺𝗮 𝗱𝗲 𝗔𝗽𝗼𝗶𝗼 𝗮𝗼 𝗔𝗰𝗲𝘀𝘀𝗼 𝗮̀ 𝗛𝗮b𝗶𝘁𝗮𝗰̧𝗮̃𝗼 - YouTube ReferenceRE-C02-i01 in the Portuguese Recovery and Resilience PlanProject locations Portugal EU contribution€1 200 000 000 Project websitehttps://www.portaldahabitacao.pt/...