This saree plans to allocate between 20,000 and 25,000 household In addition social rent, mainly offers them to autonomous communities and municipalities so that they can be purchased and used for this purpose. This was confirmed by various sources who were aware of the company’s final plans, from the Prensa Ibérica group to El Periódico, which came under state control in April last year. Receiving toxic real estate assets of financial institutions that were salvaged between 2008 and 2012, the company will thus significantly increase the number of residences it will contribute to the Government-sponsored Government Affordable Rental Plan to 50,000. Over 25,000 to 30,000 originally announced by Ministry of Transport.
Ministries of the Economy (responsible for the company through the Regular Bank Restructuring Fund) and Transport (responsible for government housing policy) and Ministries of Inclusion and Demographic Struggle, company’s new social housing strategy, together with the management team that started to manage after it was taken over by the State. Unless the latest figures are fine-tuned, the idea is to make it public in the coming weeks, perhaps to coincide with the company’s annual results release at the end of the month, as it’s in the initial strategic plan of the initiative.
The Head of Government hinted at these studies in the Senate a few days before he handed out the full numbers. “The legal entity will contribute 50,000 homes to the Affordable Rental State Plan whose purpose is to: To increase the public rental housing stock by at least 100,000 units“, explained Pedro Sánchez. So far, it has been known that Sareb’s contribution to this plan will consist of just over 10,000 homes owned and currently inhabited, and between 10,000 and 15,000 homes that he expects to be built thanks to the temporary transfer of land to private developers.
three fields
Thus, Sareb’s new social housing strategy three big fields. On the one hand, there are 20,000 to 25,000 homes that could potentially be sold to local governments for social purposes. They can also be land to develop public facilities. Tortosa town hall, for example, bought a hospital in December for 615,000 euros to build a hospital.
The number of properties the company offers to allocate to the autonomous regions and municipalities responsible for housing rose from the first 4,000 in 2013 to 15,000 and could increase by another 5,000 in 2021. Although lower than originally anticipated, Sareb bears half the cost to make them habitable: Only 3,386 by June. Therefore, transfer agreements have not worked well, as smaller local governments have difficulty managing assets and housing is not available in demanded locations.
to try to solve it and at the same time contribute to its main purpose. sell assets and reduce cost to taxpayer, Sareb wants to increase sales to regional governments. A few days ago, it agreed to transfer 500 to the Community of Valencia for 50m euros and is in negotiations with other autonomies. That’s a significant jump compared to the nearly 400 it has sold to the public sector since its inception in 2012.
Public-private cooperation
Another big project land transfer of their properties for private developers to build and manage 10,000 to 15,000 social rental homes for a period “equal to or greater than 50 years”. Sareb has recently signed Pwc consulting firm for 386,937 euros to advise on the analysis of the technical, legal and economic feasibility of the project. In principle, the firm in question will submit a bid in May and, if approved by the board of directors, Sareb, The first public tender competition in the summerIt will be followed by others as the plan is expected to be developed in various stages.
This is a model similar to that implemented by the City Council and administrations such as the Barcelona Metropolitan Area or the Community of Madrid. HE The risk of construction, financing and operation of the houses will be borne entirely by the contractor. and the assets will return to the owner after the transfer of the land is completed. In principle, Sareb should not be, because the law states that it should disappear in November 2027. But the Government and FROB have left the door open to extend this period from time to time, even though sources from the Executive have guaranteed it. It’s not on the table now.
social accompaniment
The third pillar of Sareb’s plan is the social management of the dwellings he has not handed over. At the end of June, the company had 1,243 socially rented homes (families with contracts on their properties, mostly from former contractors, prior to the transfer of assets to Sareb). In addition, he created a special directorate last year. new social and labor support system plans to expand to more than 10,000 families living in homes they own (as of June 1,297 were already under construction).
On the one hand, they Affordable rent adjusted to 30% of your income. But in addition, it has signed contracts for three years, renewable for two more, with specialized companies Servihabitat, Sogemedi and Gesocin, responsible for managing the livability of properties and helping these families out of a vulnerable situation.
Sareb is working with the Ministry of Demographic Challenge and the Ministry of Inclusion to promote housing in low-density areas to find housing solutions for smaller and entry-level, as well as seasonal workers.