Lisbon prepares a call for applications for the Affordable Rent Programme for people over 60, with medium incomes, to respond to the housing crisis.
Source: Adobe Stock
Author: Redaction
Extraordinary PRA call in Lisbon
The Lisbon City Council will move forward with an extraordinary call for the Affordable Rent Programme (PRA), aimed at residents aged 60 or over. The aim is to strengthen the response of the Affordable Rent Programme in light of housing access difficulties in the city.
This new call for the Affordable Rent Programme seeks to cover households that cannot meet the usual criteria, but also do not qualify for social housing. The municipality argues that the current market has left many senior households without viable alternatives.
Rules of the Affordable Rent Programme
The Affordable Rent Programme in Lisbon will have specific requirements for applicants aged 60 or over, including tax residence in the municipality. Annual income must be between around 6,445 euros and approximately 12,000 euros, creating an intermediate range of access to the PRA.
Rent calculation under the Affordable Rent Programme will be based on an effort rate of 23%, and may include bonuses for dependants. According to the proposal, this allows the rent value to be adjusted to the reality of the households covered by the PRA.
Housing pressure and senior protection
The housing councillor of Lisbon, Vasco Moreira Rato, argues that the Affordable Rent Programme is essential to protect the senior population facing difficulties in accessing housing.
According to the official, the current property market creates additional barriers for people close to retirement or already retired, making the PRA a necessary response. The aim is to ensure housing stability and the continued residence of older citizens in the city.
The legal framework has also contributed to greater reluctance from landlords to rent to people in older age groups, reinforcing the need to strengthen the Affordable Rent Programme.
Political decision and PRA implementation
The proposal for the Affordable Rent Programme will be voted on in a municipal executive meeting, with approval virtually guaranteed due to the political majority led by Carlos Moedas. The executive, which also includes councillor Diogo Moura, will also decide on other municipal honours at the same meeting. The measure is part of a broader strategy to strengthen the Affordable Rent Programme in Lisbon, in a context of strong pressure on the rental market.
Housing remains a key item on the local political agenda, with the PRA seeking to balance access to the city between different socioeconomic groups and age brackets.
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