The Government will invest, through the Financial Stabilization Fund of Social Security, 1400 million euros in the recovery of public assets and the acquisition, rehabilitation and lease of private assets.
this same was advanced by the prime minister, who was speaking on Monday at the opening session of the Third Week of Urban Rehabilitation of Lisbon. In his speech, Antonio Costa stressed the need for the country “a new generation of rehabilitation and housing policies” and lamented that so far has not been “an integrated public policy” in these areas.
To the ruler, the focus on urban renewal “will have to have a strong component of promotion of housing for affordable rent, in order to reach a significant number of the population today is excluded from the housing market for financial reasons.”
in this sense, and believe that “public policies are needed to facilitate access to housing,” Mr Costa said the aforementioned investment of 1,400 million euros, adding that it will furthermore contribute to the “enlargement funding sources of Social Security. “
in his speech, the prime minister said the government will” provide a wide range of public support “to private” practicing affordable rental values, with profit, but below market price and framed with the average household income. “
” rehabilitation intended, the lease will also be the subject of rehabilitating program for Sale, a program that has an initial allocation of 50 million euros, with the financial support of the European Investment Bank and the Development Bank of the Council of Europe “, also said António Costa.
Other support available, said the prime Minister, will support the rehabilitation that has a view to promoting energy efficiency of the building stock through the “Financial Instrument for the rehabilitation and Urban Revitalization, created under the Portugal 2020″.
Before António Costa , spoke at the opening session his successor at the head of the Chamber of Lisbon. Fernando Medina, the local authority must focus on having “a friend and close attitude of investment, particularly in rehabilitation.” Something which in its view is to ensure investors that deal with “a reliable management, transparent, close to investing.”
But the councilor of Urban Planning and Rehabilitation of Lisbon Urban argued that 2008 was a ” turning point “in the camera. Since then, he sustained Manuel Salgado, executive sought to leave behind the time when “no one knew with certainty if and when a project was approved.”
The mayor defended the importance of having a change of the New Regime rental of Urban and Legal Regime of Works in Leased Buildings, so that it guaranteed the protection of elderly tenants of the historic shops and cultural and recreational institutions.
Manuel Salgado also said that “it is essential to correct the fiscal regime of the temporary lease, commonly known as local accommodation so that it is not more favorable than the permanent lease “.
” Today anyone who wants to invest in a home to rent opts for temporary housing because income it is higher and the risk of default is lower, as the tax burden, “lamented the alderman, recognizing that this situation” has serious consequences on inflation in rents and leads to shortages in the supply of permanent lease to Lisbon. “
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