What is the IFRRU 2021 Non‑Refundable Fund?
The IFRRU 2021 Non‑Refundable Fund is a financial instrument for urban rehabilitation and revitalization, created with resources from the Regional Operational Programmes (POR) and the Operational Programme for Sustainability and Efficient Use of Resources (POSEUR). Its goals are to revitalize cities, support the physical renewal of areas used by disadvantaged communities, and promote energy efficiency in housing.
In addition to POR and POSEUR, it is co‑funded by the European Investment Bank (EIB) and the Council of Europe Development Bank (CEB).
How does IFRRU 2021 work?
IFRRU 2021 Non‑Refundable Fund offers loans and guarantees through three banking institutions: Santander Totta, Banco BPI, and Millennium BCP. Financing is aimed at comprehensive building rehabilitation, housing interventions, and energy‑efficiency improvements.
How to apply for IFRRU 2021 financing?
Applicants must present an investment project that includes both urban rehabilitation and energy‑efficiency measures. Our firm assists by structuring the project, gathering the necessary documentation, and coordinating with partner entities to maximise approval chances.
What types of support are available?
During rehabilitation works, IFRRU 2021 Non‑Refundable Fund can support actions that increase energy performance, namely:
- Use of more efficient equipment, such as double‑glazed windows, external thermal insulation systems (ETICS), or efficient wood‑burning stoves.
- Energy production for self‑consumption, through a Self‑Consumption Production Unit (UPAC) that generates electricity from renewable sources (e.g., photovoltaic or solar panels). Excess energy may be sold, following registration on the DGEG portal.
Duarte Marques Mano | [email protected]