'IHRU: Drawing of 106 houses with rentals from 325 euros. Entries are acceptable from 17:00.'
'Penacove, Porto, Vila Nova de Gaia, Vila Nova de Famalicão and Matuzinhos,' the housing ministry said in a statement.
"The dwellings will be raffled off to individuals and families who apply by October 31, 2023.
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The ministry said the homes are intended to be permanently occupied by households "whose maximum financial stress rate with rent does not exceed 35%".
"Priority is given to people or families with annual incomes up to the 6th tax band, with special consideration given to families under the age of 35, single parents, or families with a drop in income of more than 20% from the previous three months' income or''the same period of the previous year,' concludes the statement.
This is a measure included in the More Housing program "to increase the number of residential units on the rental market," the same memo indicates.
Through this program, IHRU leases properties and then subleases them to families at lower prices.
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