The new state housing corporation’s affordable leases will be for up to 75 years with extensions every 14 years

Housing Minister Isabel Rodriguez announced that the new state housing company will be introduced Affordable leases of up to 75 years with extensions every 14 yearsas long as the tenant continues to meet access requirements. This will be the formula under which the new entity will operate, which was presented on Thursday – a year after Prime Minister Pedro Sanchez announced its creation – and has been set. Council baptized it No. 47, in reference to the article of the constitution It includes the right to housing. “Today we show great progress in our country’s public housing policies, one of those policies from which there is no turning back,” celebrated Rodriguez, who highlighted the desire to “protect the tranquility” of future tenants.

The housing chief stressed that the new body, created from the seeds of the Public Lands Business Entity (Sepes), will ensure affordable prices for families. Rental income will not exceed 30% of the area median income Where the property is located, the price will be determined “for the first time” by what the citizen can afford and not by the cost of construction, although other corrective elements will also be introduced to limit prices.

“Will we build at a cheaper price? No, but this cost should not be borne by citizens.”He explained in defense of the “quality” of architectural standards also in public housing, pointing out that this mechanism will lead to a decrease in prices in Madrid by 38% from market prices and 50% in Malaga, for example. The first development to use this mechanism will be the urbanization in Olivenza (Badajoz), where rents will be offered for €400 per month in an area where the average household income is around €25,000 per year. Furthermore, the Minister confirmed that 60% of the Spanish population will be eligible for apartments in the new entity, of which there will be different types targeting families with income between 2 and 7.5 times IPREM.

Regardless of the format of future leases that the new House 47 will manage, the Minister stressed that the goal is for this entity to be responsible for the entire housing cycle, from planning to handing over keys and managing leases. To increase the volume of homes under its umbrella, Rodriguez announced that the government will launch “as quickly as possible.” A public offer of 100 million euros to buy homes from individuals Thus contributing to increasing the overall housing stock. These apartments will be added to those already owned by the state administration, the majority of which consists of 40,000 apartments and 2,400 plots of land that were transferred from Serib before the summer. The minister stressed that “the company is not born empty-handed,” recalling that it also has 1,600 other apartments up for tender.

It is expected to be available next year An electronic portal where any citizen can register for consultation and request Available homes according to their profile, a tool that will also serve as a communication channel between the management and the tenants in case of any incident. In this sense, and based on the experience of users, a system of penalties and rewards will be designed to enhance the quality of services provided to tenants. For example, delays in resolving incidents in homes will be penalized by administrative entities, and those that provide “high levels of quality,” which are measured through an annual tenant satisfaction survey, will be rewarded.

The Minister reiterated that all 47 houses in Casablanca will be protected so that they cannot be transferred to the private market over the years. “We say it’s over, because “What was born public must remain public.”He explained. He stressed that “we cannot allow all this effort to end tomorrow in the hands of a few,” betting in turn on strengthening industrial construction to speed up time and on cooperation with both the private sector and social entities.

Rodriguez stressed that the new public entity, the creation of which will be approved on Tuesday in the Council of Ministers, “completes” the consolidation of housing as the fifth pillar of the welfare state, emulating public systems that exist in other areas such as health or education. “Public infrastructure is exactly what was missing to fulfill the constitutional right He stressed “housing”, expressing his confidence that the new organization will work to avoid “stumbling” again with the “quarantine” of “speculation.” He asked, “Why House 47?” He explained that “because it is the place where the right to housing must reside,” stressing that it is “not optional” to respond to a housing emergency.

For her part, Cebis General Manager, Lear Iglesias, highlighted the months of effort behind the birth of the new entity. ““It has been a period of 9 to 12 months of very important work and analysis.”He stated this at the beginning of the event, highlighting cooperation with civil society and the private sector throughout the entire process. Iglesias also highlighted the need to ensure the sustainability of the public park. He added: “If today we make a public investment in housing, tomorrow it will not end up being another type of real estate business.” “This is not a project for one or two days, it must have continuity in order to have a public park for affordable housing,” he insisted, noting that “only if we have a public park that is large enough, will we be able to intervene in the market through supply and not just regulation.”