The Câmara Municipal do Funchal has approved the Estratégia Local de Habitação (ELH), aiming to invest around 40 million euros in constructing and recovering housing until 2029. The goal is to have approximately 300 new homes by the end of the mandate. This plan is crucial for the municipality to apply for community financing for social housing construction.
Currently, projects are underway in Bairro da Ponte with 23 homes and Quinta das Freiras with 71 homes, both located in the Santo António parish. These projects are part of the municipality's effort to address housing needs. President Jorge Carvalho emphasized that this strategy is vital for presenting candidatures for community financing.
The president highlighted that the objective is to equip the municipal chamber with a set of instruments to respond through the construction of new homes and the recovery of existing buildings. An investment of around 40 million euros in housing is planned until 2029, with several projects already in execution. The goal is to reach nearly 300 homes by the end of the mandate.
An alteration to the budget was also approved during the meeting, taking into account the favorable opinion on various municipal candidatures for community funds. This approval will enable the municipality to secure external funding for its activities. President Carvalho noted that these candidatures mean more public investment in the city.
The municipality's strategy involves not only constructing new homes but also recovering existing buildings. This approach aims to efficiently utilize resources and address the housing needs of the community. By investing in housing, the municipality seeks to improve living conditions for its residents.
President Carvalho expressed satisfaction with the municipality's ability to attract external funding for its projects. He emphasized that this capacity is essential for the development of the city's activities. The approved strategy and budget alteration will enable the municipality to move forward with its housing plans.
The investment in housing is part of the municipality's broader efforts to improve the quality of life for its residents. By constructing new homes and recovering existing ones, the municipality aims to provide better living conditions and address housing shortages. The 40 million euro investment is a significant step towards achieving this goal.
Key points
- The Câmara Municipal do Funchal plans to invest 40 million euros in constructing 300 homes by 2029.
- The projects are part of the Estratégia Local de Habitação (ELH) to address housing needs in the municipality.
- The municipality has approved an alteration to the budget to secure community funds for its housing projects.
