The government will approve it in the Council of Ministers this Tuesday Guarantee limit of 2,500 million euros through the Official Credit Institute (ICO) to reach the entrance buying homes for teenagers and families with minors responsible.
This was announced last Saturday by the President of the Government, Pedro Sánchez, during a campaign rally for the Galician regional elections in Vigo, where Sánchez stated that the Government will approve this series of guarantees that will cover 20% of the housing down payment. Purchase of housing for teenagers and families with minor children. This set of ICO guarantees aims to: People under 35 years of age and with an annual income of less than 37,500 Euros and families with minor dependent children for partial coverage of mortgage loans.
The measure was already known; It was first announced by Sánchez himself in May 2023, at an event in Santa Cruz de Tenerife, that the president had chained several people during the primary campaign for the regional and municipal elections on 28 May. Announcements on this subject also include the construction of hundreds of thousands of new public housing.
Now Sánchez stated that the Council of Ministers will approve the opening of the guarantee line this Tuesday and Advances the manager’s initial plansJust three days ago, Minister of Housing and Urban Agenda Isabel Rodríguez predicted that this measure would be approved by the end of this month. The leader of the Socialists emphasized that this measure would serve to close this entrance “which making it harder for young people and families to buy homes and being able to get a mortgage.” “I say this especially to young people, in case you don’t know, you can start working as of Tuesday,” he said.
This measure will answer some of them. 50,000 peopleAs the head of housing stated when he announced this guarantee line during his speech to the Congress of Representatives, here he assured that the line in question was aimed at “alleviating” the previous lack of resources for access to housing. “This hotline is intended to alleviate this lack of upfront resources, because rents in some parts of our country right now are as expensive as or more expensive than a mortgage note, and perhaps secondly, the lack of resources or upfront savings,” Rodríguez emphasized.
Similarly, in his appearance before Congress, the Housing chief said in a February Credit line for the promotion of affordable housing through ICOespecially in the public-private cooperation formulas that represent a total of 4,000 million euros and are part of the Recovery Plan annex, under which more than 40,000 public and private affordable rental homes will be built.
This helpline complements the €2 billion guarantees approved last December to promote affordable housing by the public and private sectors. resist the increase interest rates and prices He hoped the “materials” would be ready for approval by the end of February.