Housing: Social Security to fund construction of student residences.


universities, Polytechnics and Chambers may recover property for the construction of student residences, through FNRE. The Social Security to fund construction

According to the News Journal (JN), the National Fund for Rehabilitation of Built (FNRE) It was reformulated and already allows the conversion of vacant buildings in university residences with money Social Security (SS).

The FNRE Social Security has 1.400 million euros to invest in student accommodation and affordable housing.

According JN, the assets to be included in the sub-fund FNRE, It will be made available by universities, polytechnics or by municipalities. The SS had come to the capital (to 30% the value of the sub-fund) and Fundiestamo, the manager of FNRE, do the work.

Or universities, polytechnics or municipalities have to allocate own funds. Ending the work, management of equipment will be the responsibility of the social services of the respective higher education institution.

Ana pine, State Housing Secretary, is making a tour of the country, to clarify and motivate municipalities and local institutions to use these two tools to create accommodation offer lower prices for students.

Teixeira Correia

(journalist)


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