Vigo government allocates €70,000 in grants for affordable rental housing

The municipal government of Vigo has taken significant steps to promote affordable housing by awarding its first six grants under a rehabilitation programme aimed at encouraging rental properties. The total amount allocated for these grants exceeds €70,000, with plans to assess an additional 16 applications.

This programme, which has an unlimited budget, initially allocates €2,150,000 to support various initiatives, including funding for rehabilitation works, issuing energy efficiency certificates, and securing insurance. The grants available can reach up to €20,000 and are provided as non-repayable financial assistance.

The initiative reflects the Concello's commitment to enhancing the housing market and providing support for those seeking to rent in the city.