The goal is to find private investors willing to finance and build projects on municipal land. “The private sector builds; we find funds on the international market to finance the construction; and we take responsibility for leasing the units,” said Luís Filipe Menezes, mayor of Gaia, yesterday on the sidelines of a ceremony to hand over 14 social housing units. The land will be granted under a surface rights agreement, with a clause providing for its reversion to the municipality.
Full article in Jornal de Notícias
Image credits: © Cassio Rodrigues | Unsplash
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