As the President of the Spanish Government, Pedro Sánchez, announced this weekend, the guarantees cover up to 20% of the mortgage credit of families with dependent children and young people up to the age of 35.
The Council of Ministers today gave permission for the establishment of a ICO Guarantee Line that covers up to 20% of the mortgage loan by families with dependent children and young people up to the age of 35together with other measures already announced to promote the promotion of more than 60,000 apartments with which to expand the public park.
The new line of the ICO, put forward this weekend by the President of the Spanish Government, Pedro Sánchez, is destined to applicants with an income of less than approximately 37,800 euros per year and could benefit some 50,000 people, according to the Department of Transport.
Ministry sources have suggested that they are analyzing average housing prices by area “identify differences depending on the autonomous communities” in that line of guarantees.
The Council of Ministers will also authorize Transport to sign a new agreement to create another ICO line with €4,000 million in European funds to fund actions to 43,000 affordable rental homesthrough the construction and renovation of buildings.
Likewise, it will give its approval to the plan to be promoted 20,000 homes on Defense land Through you knowthe public company that has become the instrument of the housing policy of the department led by Raquel Sánchez.
Source: EITB
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