Applications to finance projects under IFRRU 2020 - Financial Instrument for Urban Rehabilitation and Revitalization are open. IFRRU 2020, which operates nationwide, is a financial instrument created under Portugal 2020, with the goal to finance urban rehabilitation operations in the Urban Rehabilitation Areas (ARU) delimited by the Municipalities. It provides all investors with 1,400 million euros for investment in urban rehabilitation, with funding from European Union funds.

PO SEUR Management Authority published yesterday, March 30, the Call for Applications/Invitation code POSEUR-R1-2016-37, addressed to the Management Structure of the Financial Instrument for Urban Rehabilitation and Revitalization (EG IFRRU 2020) for the implementation of the financing model IFRRU 2020 organized on three levels (Fund of Funds, regions and retail financial institutions). Applications run until 17:00 of April 13, 2016.

Continuing the work of disseminating and implementation of IFRRU 2020 mechanisms the web page relating to this instrument was updated with information on the operating mode, a legislative overview, frequently asked questions and a glossary, which can be useful for clarification to potential beneficiaries. The page is housed in Portal da Habitação which is IHRU responsibility and is available in http://www.portaldahabitacao.pt/pt/portal/reabilitacao/ifrru/