Politics · Spain · 14 hrs ago

Spain approves €225 million for affordable and university housing

Spain approves €225 million for affordable and university housing

Spain’s Cabinet approved €225 million for two housing programs on Tuesday.

One program gives €180 million to five regions with officially designated rent-stressed areas, covering 317 municipalities.

Catalonia will receive the largest share, with €119.4 million for its 271 municipalities in those areas.

The regions can use the funds to build or renovate homes, buy land or existing homes, and support affordable or social renting.

The other program provides €45 million for about 2,000 university accommodation places through projects involving seven universities and the city of Lleida.

The plan addresses housing difficulties faced by students and university staff who need to live away from home for study or work.

The accounts differ on whether the decrees require parliamentary approval, so the next step is not clear.

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Isabel RodríguezMinister of Housing
When we recognize areas of stressed housing markets, we are not recognizing something positive, but a problem and, therefore, the need to address it with solutions
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