Caixa geral de depósitos receives more public guarantee for young home buyers
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Caixa Geral de Depósitos in Portugal received an additional 95 million euros in public guarantees to support housing credit for young adults.
The bank requested the increase after exhausting its initial allocation of funds from a program launched at the end of 2024. This brings the total available in public guarantees for young people buying their first home to 2.4 billion euros.
As of June 2026, 56% of the total funds allocated by the state for this guarantee program, 1.146 billion euros, had been used. The program targets individuals between 18 and 35 years old with incomes below a certain tax bracket and who do not already own property. The state guarantees up to 15% of the property transaction value, with a maximum limit of 450,000 euros per property.
While the current program ends this year, the 2027 state budget includes plans to extend it, though formal approval is still pending.
