Rehabilitation of historic neighborhoods will bring young people "back to the neighborhood"

"We have identified 700 houses, some to be built from scratch and others already built, but to be rehabilitated in the historic neighborhoods, of which 100 will be delivered by the end of this year," said Carlos Moedas, Mayor of Lisbon (CML).

The project "is fundamental to the soul of our city, because our young people have the right to live in their city, in their historic neighborhood," said the mayor at the opening session of the 13th Lisbon Urban Rehabilitation Week.

To deal with the housing crisis - with a shortage of supply and rising rents: around 64% between 2010 and 2022 - CML has rehabilitation projects underway, such as Vale de Santo António and Vale de Chelas, which together "are more than 200 hectares", said Carlos Moedas. The two valleys, he said, "are a historic opportunity", given the volume of construction they will enable and that they can "bring more affordable rents (...) and more supported rents for those who want and should live in Lisbon".

Urban Rehabilitation Week is back in Lisbon, until March 5, at Lisboa Social Mitra (Rua do Açúcar, Beco da Mitra, 64. The program includes conferences, debates, workshops and legal seminars, with more than 100 speakers.

Lisbon City Council is supporting the event and is taking part in parallel conferences and sessions. Structuring projects under development in the city will be presented at the municipality's stand .