The state will rent out houses in 16 municipalities to sublease them to vulnerable families and young people.

The state will rent out houses in 16 municipalities, including in Lisbon and Porto, and then sublet them to more vulnerable families and young people, an official confirmed on Wednesday.

The information released this Wednesday by Dinheiro Vivo was confirmed to Lusa by a source from the Office of the Minister of Housing before Housing Minister Marina Gonçalves officially presented the measure at a ceremony to be held at the Teatro Thalia in Lisbon. this morning.

16 municipalities: Amadora, Cascais, Illavu, Lisbon, Marinha Grande, Oeiras, Portimão, Porto, Silves, Sintra, Tavira, Torres Novas, Vila do Bispo, Vila Franca de Xira, Vila Nova de -Famalican and Vila Nova de Gaia.

The same source added that affordable rent ranges from 250 to 900 euros per month (the state pays owners from 400 to 2200 euros).

The government will launch a total of 320 leases, and the measure will cost $28.8 million by 2030.

The Arrendar para Subarrendar (PAS) program is part of the government’s response to the housing crisis.

In order to increase supply in the rental market, the state offers to rent vacant houses to private individuals and then sublease them.

Rent paid to a landlord will be tax-advantaged, provided the lease term is at least five years and the rent is in accordance with the prices and types stipulated in the Affordable Rental Assistance Program (PAA).

Five months after the approval of the first version by the Council of Ministers, the More Housing program goes to the final global vote in the Assembly of the Republic today.

Speaking at the end of the ceremony, the minister explained that “the program will be strengthened over time” and guaranteed that “in September, no later than October, the first wave of the draw will be released.”

According to Marina Gonçalves, “More Housing will have partners in all sectors.” “We have signed partnerships with individuals for an estimated 100 expandable homes,” he says.

At the presentation of the programme, which was also attended by the Minister of Labour, Solidarity and Social Security, Ana Méndez Godinho, President of the Institute for Housing and Urban Rehabilitation (IHRU), emphasized “collaboration and collaboration between different organizations” to “build a solid public policy”.

António Leitao also emphasized that IHRU is promoting public housing by taking advantage of “property that is empty, empty, unoccupied”, recalling that “the state has had no direct intervention” in the construction of public housing, “for more than 40 years.” That’s why, he says, “a quiet revolution is going on.”

The President of Estamo was supposed to present the PAS platform and simulator.

PAS is the “starting point” and intends to attract “even more people to the program,” António Furtado emphasized, noting the “strong mobilization of the real estate market.”

Landlords’ lease agreements with the state have a minimum term of three years (although the government stresses that at least five years is desirable) and a maximum term of 30 years.

The government can pay rent monthly or annually, and in the first option, it guarantees the payment of two rents in advance, and the income from these contracts will not be taxed.

The Arrendar para Subarrendar program is part of the government’s response to the housing crisis.

In order to increase supply in the rental market, the state offers to rent vacant houses to private individuals and then sublease them.

Rent paid to a landlord will be tax-advantaged, provided the lease term is at least five years and the rent is in accordance with the prices and types provided in the Affordable Rental Assistance Program (PAA).

Five months after the approval of the first version by the Council of Ministers, the More Housing program goes to the final global vote in the Assembly of the Republic today.