Porto will vote on a proposal to "reverse the decision" that allows promoters to pay not to provide affordable housing
The Porto City Council plans to vote on a proposal to reverse a previous decision allowing developers to pay for not providing affordable housing. Mayor Pedro Duarte announced this initiative, emphasizing the need for transparency and integrity in housing policies. The council has received approximately 33 million euros in compensation from developers since 2021 for not constructing affordable housing. The majority of these funds come from three companies, which opted to pay instead of delivering housing units. The mayor criticized the opposition for not proposing alternatives and expressed the intention to amend regulations to better facilitate affordable housing in the city center.