ECONOMY FINANCE&BANKING

Over 4 ml euro assigned for combat of poverty and social exclusion in cities

Local public authorities and social partners will have 4.1 million euro assigned for the combat of poverty and social exclusion in cities, following the reopening this Friday, by the ‘Human Capital Operational Program’ Managing Authority of the Ministry of Regional Development, Public Administration and European Funds of two calls for projects under the financing guidelines “Preparation support for drafting local development strategies in towns / cities with a population of over 20,000 inhabitants.”

According to a release of the Ministry of Regional Development, Public Administration and European Funds, the two calls for projects envisage less developed regions and the Bucharest-Ilfov region, respectively. The projects will target the local development strategies, as the first stage of the community-led local development mechanism for marginalized urban areas.

The beneficiaries of the calls for projects can be public local authorities in partnership with relevant stakeholders, or Local Action Groups (LAGs) existing at the time the call was launched, the release says.

The total financial allocation is of 100,000 euro for projects for the Bucharest-Ilfov region and of 4 million euro for projects for less developed regions. The maximum eligible amount per projects is 50,000 euro.

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