President of the Republic promulgates extension of rent support.

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Marcelo Rebelo de Sousa approves decree-law extending and improving rent support.

The changes imposed on income support for 2024 have now been promulgated by the President of the Republic, Marcelo Rebelo de Sousa, through a government decree.

The diploma in question "changes the extraordinary support for families to pay rent," as seen in a note released on the Presidency's website.

This document introduces changes to the extraordinary support for rental already in force in 2023. But what changes are at stake?

The decree-law just enacted comes from the Government and extends and improves the extraordinary support for rent, as indicated by the Minister of Housing, Marina Gonçalves, in a press conference. The objective was to avoid a new "brake" on rent updates in 2024, as imposed this year.

So, the changes to the support aim to "mitigate the effect of the increase in rents in 2024 and have two main dimensions: on one hand, ensure that families up to the 6th income bracket with a 35% effort rate have an automatic increase of 4.4% on the rent value and, on the other hand, widen the deduction limit, which is 502 euros in rental contracts, to 550 euros," according to the Minister of Housing.

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