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Statement of the Board of Directors of the Revita Fund

19 Jul 2018 - 00:00:00

In view of the news recently reported in the media on the application of donations for the recovery of housing, the Board of Directors of the Revita Fund clarifies the following:

  • The Revita Fund was created to avoid overlap and duplication of support, ensuring that donations are implemented with rigour, clarity and transparency.
  • To this end, it has a tripartite management board and a technical committee composed of local representatives, who are responsible for selecting the houses to be recovered with well-defined criteria.
  • In this context, 261 first dwellings were selected by the technical commission and allocated to the various funds, with the Revita Fund being directly responsible for the reconstruction of 100 of these dwellings.
  • To date, the Board of Directors of the Revita Fund has not received any specific complaints concerning doubts about the implementation of these donations.
  • The news now coming to the public points to doubts regarding about 8 dwellings, allegedly due to incorrect declarations by beneficiaries.
  • Upon becoming aware through the media of these doubts, the Management Board immediately requested the technical committee to evaluate and inform about such situations, with a view to fully clarifying their eligibility.
  • The process of rebuilding the houses has been going smoothly, with 160 houses already fully recovered.
  • The Revita Fund acts in full transparency, publishing quarterly implementation reports, available at www.fundorevita.pt, and is audited by the Inspectorate-General of Finance.

2018-07-19

The Board of Directors of the Revita Fund