IFRRU 2020 is a financial instrument aimed to support investments in urban renewal, that covers the entire Portuguese territory.
In order to boost investment, IFRRU 2020 brings together various sources of financing, whether European funds of PORTUGAL 2020, whether funds from other entities such as the European Investment Bank and the Development Bank of the Council of Europe, combining them with funds from commercial banking.
To support in more favourable conditions the investment in urban renewal and energy efficiency of buildings, a single application for funding is required, and there are no restrictions related to the nature of the entity requesting the financing or the future use of the renewed building.
Applications shall be submitted to the selected banks through their commercial network at any time, that is, without prior application periods and without a limit to the number of applications per candidate.
See here the summary brochure and learn more about how to apply for financing HERE.