The draw for 106 residential properties with rentals from €325 starts at 17:00.
years and can be extended for the same period of time,'" according to a statement from Cabinet Secretary Marina Gonsalves.
According to the Ministry's statement, the houses are intended for permanent residence for families "with a maximum rent burden of no more than 35%." "Priority is given to individuals or families with annual incomes up to tax level 6, as well as families under 35, single parents or families with a reduction in income of more than 20% compared to income for the previous three months or the same period in the previous year," the statement concludes.
This is a measure included in the More Housing program "to increase the number of homes in the rental market," the same statement indicates.
Through this program, IHRU leases properties and then subleases them to families by''lower prices.
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