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Politics · Funchal · 8 July 2026

PS Proposes 50% Increase in Support for Degraded Property Recovery

The Socialist Party (PS) has presented a draft regional legislative decree to increase support for the Degraded Property Recovery Program (PRID) by 50%.

PS Proposes 50% Increase in Support for Degraded Property Recovery

The Socialist Party (PS) is proposing a 50% increase in funding for the Degraded Property Recovery Program (PRID) through a draft regional legislative decree introduced by Victor Freitas.

This program, active for 12 years, has already assisted over 300 families with a total investment of 85 million euros, averaging €19,000 per project.

Victor Freitas highlighted housing accessibility challenges, noting reports that over 90% of workers in the region cannot afford a studio apartment. He expressed hope for the proposal's approval and for the regional government, which has indicated a potential 57% increase, to consider an even larger enhancement.

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