Map of 183,040 homes where the government has promised to increase the rental offer in Spain

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The government has pledged to increase the supply of affordable and social rental housing in Spain. All the programs that have been developed and working to date, and those that have been promised recently, add a total of 183,040 new homesAccording to the data on the website of the Ministry of Transport, Mobility and Urban Agenda, it will be implemented through different plans.

A total of 67,729 homes have already been “activated”, of which 37% will be available. Of these, more than 67,000, 10,411 belong to the Social Housing Fund (FSV), 14,000 to Sareb, and the remaining 43,318 to different programs.

The executive has deployed 15,017 homes in the Community of Madrid, the community with the most ongoing projects.. Most correspond to the Operations Camp sponsored by the State Land Corporation (Sepes), the publicly traded company of the Ministry of Transport. In the second place is the province of Barcelona with 5,897 flats.Including State Housing Plans and Recovery Plan, in addition to Sepes projects and agreements with local organizations.

Then they position Balearic Islands (2,870), Malaga (2,601), Seville (2,200) and Valencia (2,124). Under a thousand floors are Granada (879), Vizcaya (868), Cádiz (856), Las Palmas (806), Alicante (685), Zaragoza (644), Santa Cruz de Tenerife (623), Huelva (596) and Asturias. (582).

Albacete, Ciudad Real and Cuenca They are the only provinces located in all national territory throughout the entire legislature. not a single house was created. Zamora, Teruel, Soria, Palencia, Melilla, Huesca, Castellón, Cantabria or Ávila do not reach the face, while Jaén has only six.

state housing plans

Legislature’s first housing program, State Housing Plan 2018-2021started around 8,504 properties. after completed, State Housing Plan 2022-2025, with a budget of 1,700 million euros. For now, in the second, only 568 floors. Must be added to both plans 1,244 units located in Asturias and the Basque Country. In total, state plans 10 thousand 316 residences opened in the last five yearsan average of 2,000 per year.

Healing, Transformation and Resilience Plan

The next program in progress, recovery planConversion and Resistance. Until now, 14,129 of the expected 20,000 homes signed, mobilized and/or financed. It has a budget of 1,000 million euros allocated to the European Next Generation funds, of which the first 500 million will be received by the autonomous communities in 2022, and another 500 million will be received this year.

Distribution of 1,000 million of the Recovery Plan by communities. MITMA

This one billion euros was used to build 1,090 affordable flats in the Community of Valencia, in public-private cooperation, with a subsidy of 50,000 euros per house. The Community of Madrid also plans to develop housing with this formula and has held a competition to promote nearly 2,000 new homes from Plan Vive.

In April, Prime Minister Pedro Sánchez announced that this program would be expanded by another 4,000 million. On this occasion, the great innovation is that, public and private promoters can apply for these subsidiesprovided that they allocate flats for rent below market prices for at least 50 years. The real estate employers’ association welcomed this offer and is waiting to learn details that have not yet been disclosed.

You know

This State Land Establishment (You know) It is the Executive’s other tool to promote residential construction. Currently, it has 15,957 flats continuenecessary urban work at the planning or urbanization stage before the land is finalized and construction can begin. Of the approximately 16,000 people, 10,700 correspond to the aforementioned Operations Camp, where Sepes and Madrid City Council worked hand in hand for development.

In parallel, Pedro Sánchez announced last April that Sepes will purchase more land from the Ministry of Defense. Build 20,000 additional houses. However, these lands are not yet owned by a public company affiliated to the Ministry of Transport and their commissioning will be slower than before.

saree

This Management Company for Assets Arising from Bank Restructuring (Sareb) is also part of the Government’s range of housing policy measures, after Frob took control of more than half of the shareholders last year. In his new strategic plan, presented by Sánchez to the Senate in February, Allocating 51.000 houses for rent.

On the one hand, Sareb will dedicate himself 14,000 social rental units for vulnerable households. This work has been entrusted to Servihabitat and is ongoing, but for now only 2,150 families benefit. In addition, ‘bad bank’ in the medium and long term Build 10,000 to 15,000 flats on their land that will be used for affordable rent (below the market), in public-private cooperation. Known as the Vienna Plan, this program is under design and will come to light in at least 3-4 years.

Finally the government announced autonomous communities and town halls will have about 21,000 properties are at your disposal to increase your housing offer, but these must be received by the relevant administration. These assets are predominantly located in the Mediterranean arc, in Castilla La-Mancha, Castilla y León and Galicia.

Social Housing Fund

The Social Housing Fund (FSV) is the last of the Executive’s strategies. about one Agreement signed between the government and some of the country’s main financial institutionsSuch as Banco Sabadell, BBVA, Bankinter, CaixaBank or Banco Santander to transfer the properties tendered to the Administration.

Beneficiaries, persons who have been evicted from their habitual residence and who are in a particular situation of social vulnerability, they pay rent between 150 and 400 euros per monthshould never exceed 30% of the total net income of the family unit. Transport explains that as of May 9, 10,411 homes have been mobilized, but the FSV corporate website lowers the figure by stating that they “manage 9,866 homes.”

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