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HomePoliticsOver 12,400 young...

Over 12,400 young people supported by Porta 65

A total of 12,438 young people supported the Port 65 program, up 19% from the call for proposals that ran from April 28 to May 30, the Housing Ministry said Wednesday.

A statement from the Office of Minister Marina Gonçalves said that following the application period for the Porta 65 Youth Program, all relevant applications were approved, with a total of 12,438 young people supported, representing an increase of 19% compared to the same period. period last year.

According to the report, these young people will receive support to pay their rent later this month.

The Office of the Minister of Housing reminds that the April 2023 tender was the first, during which the maximum rent limits were increased.

“This was also the last competition with fixed application deadlines. Since June, young people can apply for the program throughout the year,” the note also notes.

Single or cohabiting young people between the ages of 18 and 35 may be covered by the rental incentive program. In a pair, one of the elements can be 36 years old, and the other element can be a maximum of 34 years old.

According to the information on the Housing Portal, in case of a positive decision, the young person is entitled to support (subsidy) to pay rent for 12 months.

“The subsidy corresponds to a percentage of the income of a young person and is transferred to the SIB indicated in the application by the 8th day of each month. This percentage is reduced every 12 months until the 3rd year of support.

The first subsidy is granted after the announcement of the results of the tender, is not retroactive and can last for a maximum of five years or 60 monthly payments.

Author: Portuguese
Source: CM Jornal

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