The Regional Directorate for Housing has admitted 1,647 applications for the Families with Future-Lease Incentive, including new ones and renewals, according to the preliminary admission lists published today.
Of a total of 1,768 applications for support submitted during the application period, which ran from August 1 to 30 September, 1,647 were accepted; 50% of requests were submitted by young families.
Should they be admitted to the final lists, about 4.390 Azoreans will benefit from this income support, starting in February 2019, which corresponds to an annual investment from the Regional Government over 2.7 million Euros.
The Lease Incentive programme grants support in the form of a non-refundable monthly aid to the tenants of buildings or dwellings for a one-year period. It may be renewed for an equal period, up to a maximum of four consecutive renewals.
After the first application, a new application may be submitted for the same period of time.
The aid will be increased for single-parent families, young families and families with disabled members as well as for firefighters and applicants residing on the cohesion islands.