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/
IFRRU 2020 - Financial Instrument for Urban Rehabilitation and Revitalization - is a financial instrument set up under Portugal 2020 and as such may be financed by the Regional Operational Programmes, the Mainland and the Autonomous Regions, and POSEUR - Operational Programme for Sustainability and Efficient Use of Resources, to support urban rehabilitation and revitalization, including the promotion of energy efficiency and complementing, in particular for housing rehabilitation. The support is provided through financial products, created by commercial banks, to provide more favorable conditions than market conditions for the following operations, focused on specific territories, that are located within the Urban Renewal Areas (ARU) in historic centers, coastal areas or brownfield sites defined by municipalities:
Integral rehabilitation of buildings, aged less than 30 years, or in the case of younger, showing a conservation level equal to or less than 2 (DL.º 266-B/2012, December 31);
Rehabilitation of abandoned spaces and industrial units with a view to conversion.