Spain to Earmark €1.3 Billion in Attempt to Fight Housing Crisis

In the midst of the gresta in the Executive on account of Defense spending and a contract with Israel to buy more than 15 million bullets, Moncloa announced a new measure without specifying what and how it will be carried out.

The government of Pedro Sánchez has not yet put a single housing on the market since 2018 when it presented its first affordable housing plan, being José Luis Ábalos Minister of Development, but it cannot be said that it has not put on the table plans, strategies and investment promises to tackle the problems in access to housing. The last one was presented this Thursday in first person by the president of the government, a member for the indust…

The government develops the role of housing industrialization with which it wants to accelerate construction, lower prices and adapt the sector to the challenges of climate changeThe government leaves up to 15,000 housing units in the air in affordable rent of one of its star projects The president of the government, Pedro Sánchez, has announced that it will enable 1.3 billion euros in the next decade —130 million a year—, through ICO loans, for…

The president of the government, Pedro Sánchez, has announced this Thursday the mobilization of 1.3 billion euros over the next ten years to boost the industrialized construction of housing. This will be the investment associated with the new housing estate announced in January by the leader of the Executive within the package of measures to improve access to housing. The objective is, according to the president of the Government, to promote a "…

Spain to Earmark €1.3 Billion in Attempt to Fight Housing Crisis

Spain is earmarking €1.3 billion (€1.5 billion) to build new houses as Prime Minister Pedro Sanchez tries to address a growing housing crisis by changing the way homes are built.

The president of the government, Pedro Sánchez, has announced an injection of 1.3 billion euros in 10 years for the new Strategic Project for the Recovery and Economic Transformation (PERTE) of housing. He has done so by taking advantage of an event at a sectorial construction fair in Ifema Madrid, which has had the presence of Minister Isabel Rodríguez. The objective, the president insisted, is “to build more and better housing, to make it fast…