Institute delivers 161 affordable housing units to military personnel

The Institute of Social Action of the Armed Forces (IASFA) is set to deliver 161 affordable housing units to active military personnel, with 40% of the new tenants being under 35 years old. A total of 200 homes were available, with 194 allocated and 161 accepted for keys delivery. The average rent is €329.24, with a maximum of €848.36, under contracts lasting five years, renewable annually. Eligible candidates include military personnel and their families, with some homes requiring renovations at the tenant's expense, deductible from rent. This marks the seventh rental competition since 2019, with 710 homes offered since then. Minister Nuno Melo emphasizes housing access as crucial for military recruitment and retention.