Aid for renting or buying a home
If you have always thought about renting or buying a home but your finances do not allow it, now you can make it possible. It seems that the economic crisis is coming to an end and the Government of Spain has decided to encourage aid for renting or purchasing a home over a period of 3 years, from 2018 to 2021.Thanks to this, young people, older adults and vulnerable sectors will find it easier to rent or buy a property.
What does this aid for renting or buying a home consist of?
The name of this aid is the State Housing Plan. This is a measure in which the Government offers a series of aid to undertake the payment of rent, the purchase or rehabilitation of a home. The plan stands out for the possibility for young people to acquire up to 10,800 euros to buy a property.
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Who can benefit from the State Housing Plan?
Aid for purchasing a home or renting is aimed at 3 groups:
Youths. It is useful for both rent and purchase. The beneficiaries are young people up to 35 years old. The aid consists of the payment of up to 50% of the monthly rent for amounts of up to 600 or 900 euros in cases where there is due justification, for three years.
Over 65 years old . More and more elderly people find themselves Romania Mobile Number List with fewer resources. Their help is up to 50% of the monthly rent also for three years for rents between 600 to 900 euros and in some cases lower.
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Aid for renting or buying a home
That is, those subsidized will be able to receive a maximum aid of 450 euros per month since the government would pay half of the total amount of the rent.
People who have limited resources.Citizens who have economic difficulties with incomes less than three times the IPREM. The aid provided to them is up to 40% of the rental amount, reaching a maximum of 600 or 900 euros per month in justified cases and for three years.
People facing eviction and renovating or rehabilitating buildings can also benefit from this aid . Each case will meet different requirements.
How can I apply?
The specifications for general beneficiaries, that is, of any age and with few resources , are as follows:
-The home to be rented must be the habitual and permanent residence. The aid must be intended for a first home.
-People who receive the aid must have an income less than 3 times the IPREM (Multiple Effects Public Income Indicator).
-Aid will not be offered to people who are owners or usufructs of another home. The exception will be those who do not have access to housing for reasons beyond their control.
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Aid for renting or purchasing a home for young people :
-They must be a maximum of 35 years old when they apply. The requirements will be the same as those requested for general aid, both for rent and purchases. When purchasing, the home must be a habitual and permanent residence for a period of at least five years.
Aid for renting or purchasing a home for seniors :
-They must be over 65 years old.
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-They must not have income less than 3 times the IPREM or own a home.
-Your assets must be less than 100,000 euros.
-They must have lived as a rental for at least 40 years.
-Aid to maintain properties is when the home is the person's permanent domicile.
The application for subsidies varies according to the regulations of each autonomous community. To request it you must go to the Housing Department of your autonomous community.
The Government invested 350 million euros in the plan in 2018, 357 million in 2019, 354 million in 2020 and 372 million euros.
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