Spain Allocates €201.7 Million Toward 2,425 Affordable Rental Homes
Spain's Official Gazette published Royal Decree 928/2026 on October 29: the government will grant up to €201.7 million in direct subsidies to the public housing entity CASA 47 to finance works-concession contracts for affordable rental housing on public land, covering 29 developments and some 2,425 homes.
Under the decree, the subsidy may cover up to 60% of each project's eligible cost. The homes must remain in public ownership and in affordable rental use on a long-term basis, with rent plus estimated utilities capped at 30% of the reference median household disposable income. The projects are spread across provinces including Málaga, Seville, Valencia, Cantabria and Guadalajara.
The decree was approved by the Council of Ministers on October 27 and entered into force on October 30, as part of the government's response to the housing-affordability crisis. Its preamble notes that Spain's average home price has reached a record €2,230 per square metre, up 13.1% year on year, amid a pronounced housing shortage.
The government said the developments will be tendered publicly, using long-term concessions to turn public land into a supply of affordable rental homes.
Source: Ministry of Housing and Urban Agenda (Spain
Published by GSM · USA (original Chinese edition)
Photo: 图：西班牙住宅楼（资料图）。图片来源：Wikimedia Commons（CC BY-SA 3.0），作者：Asqueladd。 / Photo: Residential buildings in Spain (file photo). Source: Wikimedia Commons (CC BY-SA 3.0), by Asqueladd.
