Monday, September 25, 2023

Ayuso to raise 1,912 rental apartments from the European Fund for the people of Madrid

The Government of the Community of Madrid, led by Isabel Díaz Ayuso, has made official a new competition for affordable housing similar to ‘Plan Vive’, in which it will build 1,912 energy efficient apartments for affordable rent, For this, part of the European Next Generation Fund committed to Brussels will be used, which will be received by the central government and distributed to the autonomous regions. 5,400 houses have already been rewarded through this process.

The Official Gazette of the Region (BOCM), which already publishes it, indicates that “it is intended to acquire a Efficient management of public property of the Madrid communityWith the optimization of its returns, direct and indirect, economic and other in nature, always linked to the objectives of public interest as well as keeping affordable rental housing in the market.

Where to find affordable rental apartments in Madrid?

The land, distributed in thirteen plots that the winning developer will be in charge of building and exploiting these affordable rental apartments for a period of 50 years, is divided into ten lots distributed in municipalities. Aranjuez, Arganda del Rey, Humanes de Madrid, Torrejon de la Calzada, Moralzarzal, Navalcarnero, Deganzo de Arriba, Villala de San Antonio, Colmenar Viejo and Villalbilla, Kulmia won the last ‘Plan Wive’ competition made up of 1,137 homes from the Oaktree Fund.

The Regional Executive has accepted the special conditions of the bidding process and indicated the technical requirements. After receiving the approval, from the General Counsel of the Community of Madrid and the Technical Office of Economic Analysis of Public Policies, which will soon be published on the Public Procurement Portal of the Community of Madrid.

In particular, Royal Decree 853/2021 of the Ministry of Transport, Mobility and Urban Agenda, dated 5 October, contemplates an assistance program 6 (…) that can be executed directly by the autonomous community, the owner of the plots, which Will develop it in public-private partnership regime through public domain concession on land owned by them.

The aforementioned Royal Decree specifies that its promotion corresponds to a public administration, or a unit or body belonging to the institutionalized public sector, and will require the agreement of a bilateral monitoring commission with the participation of the administrations involved.

Increase in rental price

The rental price increased again in April. In particular, a 5.4%According to the Tinsa IMIE General & Large Market Index, which shows a growth of 0.3% over the previous month. Signs that price rise begins Stable, Markets in inland areas, such as the Community of Madrid, continue to slow down more than in coastal areas.

World Nation News Desk
World Nation News Desk
World Nation News is a digital news portal website. Which provides important and latest breaking news updates to our audience in an effective and efficient ways, like world’s top stories, entertainment, sports, technology and much more news.
Latest news
Related news