May 16, 2022 4:26 pm

Spain. They announce that the young rent bonus of 250 euros will be approved for those under 35 years of age

MADRID (Europa Press) – The President of the Government, Pedro Sánchez, has announced that the Council of Ministers will approve the youth rental voucher of 250 euros, for people between 18 and 35 years of age.

The bonus will have retroactive effect from January 1, as sources from the Ministry of Transport, Mobility and Urban Agenda (Mitma) confirm to Europa Press.

Sánchez, at the joint press conference with the new German chancellor, Olaf Scholz, highlighted the approval of the youth bond, which is intended to fpurpose of favoring the emancipation of young people and facilitating the rental of housing.

On the other hand, the Council of Ministers will give the green light to the State Housing Plan and the Law on Architecture and Housing Quality, as Sánchez has pointed out.

The item for the young rent bonus, of 200 million euros, is contemplated in the General State Budgets (PGE) of 2022.

Beneficiaries who may apply for this aid they must be young people between 18 and 35 years old, and with an employment contract that does not generate more than 23,725 euros per year. In addition, the bonus will be applied to each young person and not to each home.

The Executive is pending approval of the Housing Law. The head of the Ministry, Transport, Mobility and Urban Agenda, Raquel Sánchez, hoped to take this regulation to the Council of Ministers tomorrow, but the plenary session of the General Council of the Judiciary (CGPJ) rejected the proposal of the report on the draft law.

The Council of Ministers approved the draft in first reading on October 26 and a day later the hearing and public information process began, which ended on November 18, 2021.

During this process, they presented 90 allegations in time and form by different institutions, entities and individuals, according to sources from the Ministry led by Raquel Sánchez. These allegations were analyzed between November 18 and 28, to be sent on the 29th of that month to the Ministerial Departments for their report.

The Ministry sent the document to the CGPJ on December 1st for its urgent report. The CGPJ had a period of 15 business days, due to the urgent nature, to issue the report, so the period would have already ended at the end of December.

The regulations on housing contemplate regulations on the price of rent in stressed market areas, bonuses to encourage small owners to lower rents for tenants and measures to promote the public housing stock, among other measures.

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