Madeira strengthens public housing with 3.5 million euros until 2027, under the Regional Housing Strategy 2020-2030.
Source: Adobe Stock
Author: Redaction
Support reinforces public housing in Madeira
The Regional Government of Madeira will invest 3.5 million euros in public housing between 2026 and 2027, through a programme contract with IHM – Investimentos Habitacionais da Madeira.
This reinforcement of public housing is part of the Regional Housing Strategy 2020-2030 and aims to strengthen the public housing response in the region. Public housing funding will help reinforce social policies and support families with greater difficulties in accessing housing.
According to the executive, the investment in public housing includes compensation related to social rents, various support measures and costs arising from public service missions in the public housing sector.
IHM implements public housing policy
IHM – Investimentos Habitacionais da Madeira will be responsible for implementing public housing policies, ensuring the delivery of regional programmes in the public housing sector.
The programme contract provides for compensation of the operating deficit associated with public housing policies, ensuring the continued management of properties allocated to public housing.
Public housing includes programmes such as social rental and reduced rent, which are essential for access to public housing for lower-income families.
Regional strategy reinforces social investment
Public housing investment is part of the Regional Housing Strategy 2020-2030, which aims to strengthen the supply of public housing in the archipelago.
The public housing initiative seeks to increase the number of homes available for social rental, reinforcing the public housing response in Madeira.
In addition to strengthening public housing, the Regional Government also approved other programme contracts, including investments in infrastructure and support for cultural and sports entities, reinforcing the overall commitment to regional development and public housing.
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