2009-2012 Housing and Refurbishment Plan. It includes the so-called House Renove Programme

This Plan contemplates 996,000 actions over the next four years in order to make it easier for citizens to access houses to buy or let, to promote subsidized housing construction and to expand on our housing market.

It establishes measures to enhance rentals (the main aim is introducing 40% of the newly built subsidized houses into the rental market). It establishes subsidies up to 410 Euros per square metre to promote rentals and it strengthens the leasing option. It promotes refurbishment (470,000 actions) focusing on housing improvement, on the improvement of the surroundings and on the improvement of energy efficiency in buildings. The Plan includes the so-called Renove Programme, which focuses on the refurbishment of specific buildings and on actions aimed at improving energy efficiency, renewable energy use and the implementation of access devices for people with disabilities.

This Plan is endowed with 10,188 million Euros and it will mobilise loans amounting to nearly 34,000 million Euros.

Beneficiaries

Those citizens who need to buy or let a subsidize residence. They will be given pre-eminence to access the aids granted by the Plan to families with low income, to the elderly, to young people, to the victims of gender violence, to people with disabilities, to single-parent families and to large families, to people in extreme situations or facing exclusion and to dependent people, homeless people or people coming from shanty towns.

The National Housing and Refurbishment Plan establishes three typologies for subsidized housing, depending on the income:

special regime up to 2.5 Public Indicator of Multiple Effect Income (IPREM)
general regime up to 4.5 Public Indicator of Multiple Effect Income (IPREM)
subsidized regime up to 6.5 Public Indicator of Multiple Effect Income (IPREM).

Thus, families with an average income can also benefit from it.

Besides, the Plan will promote activity in the construction sector in particular by supporting refurbishment.

Development

The plan was approved of on December 2008 and it will start to be implemented in 2009. The process for agreement subscription with the Autonomous Regions has already started. The Royal Decree 9/2008 dated 28 November approved of an extraordinary endowment of 110 million Euros for refurbishment as part of this plan, the funds will be provided by the Special State Fund for the Stimulation of Economy and Employment.