US EditionSpain Tackles Rental Crisis with New State Body Promising Stability and Lower Prices
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13 Articles
Spain tackles rental crisis with new state body promising stability and lower prices
The Spanish Government has taken a decisive step in expanding access to affordable homes with the creation of Casa 47, the new state-owned housing company set to replace Sepes as the central driver of public housing policy. The initiative, due to be formally approved by the Council of Ministers on December 9, has a clear purpose: to offer long-term rental contracts of up to 75 years and to… Source
The management of public housing will be carried out by Casa 47 from now on. The Ministry of Housing and Urban Agenda thus completes the process of creating this state entity that has been extended for a year. The entire public park destined for affordable rent will be monitored by a single entity, which will accompany during the different phases of the process (construction, promotion and delivery of keys) to those people who meet the requireme…
60% of the population that collects income located between two and 7.5 times the IPREM, whose value remains the same in 2025 as in the last two years (600 euros per month), will have access to these houses Read
From the first quarter of 2026, the government will launch the online portal of Casa47, the new state housing company that aims to mobilize up to 100,000 affordable flats in the medium term
The Minister of Housing, Isabel Rodríguez, has announced that the new state housing company will offer affordable rental contracts of an initial duration of 14 years and will be extendable up to 75 years, with extensions every 7 as long as the tenant continues to meet the access requirements. It will be the formula under which the new entity will operate, which has been presented this Thursday —just one year after the government president, Pedro…
Housing advances that the contracts will have a duration of up to 75 years and will be able to access them people who charge between 16,800 and 63,000 euros per year, 60% of the populationThe map of the 45,000 affordable rental homes of the new public company, municipality to municipality Already has a name.The new public housing company is called Casa 47, as revealed this Thursday at the official presentation of the company, in reference to art…
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