Everything You Need to Know about Housing Rental Assistance for Young People
December 14, 2022
In fact, Spanish youth are fifth from the bottom in Europe in terms of development and independence. Only 19.4% of Spaniards manage to become independent before the age of 30, and those who do, mostly do so at the age of 29, the average age of emancipation in the State.
Fortunately, there are different financial aid programs for young people, which aim to facilitate access to housing. In this post, we tell you about the 2 most important ones!
YOUTH RENTAL BONUS
The Youth Rental Bonus is a monthly aid approved by the government of Spain, and which will be managed by each autonomous community, which aims to facilitate the rental of a home among young people, so that they have a little easier time living on their own.
- Requirements
Be of legal age and under 35 years of age -inclusive- at the time of applying for aid.
Be the holder of the rental contract for the rented home or room.
Be registered and live in the home for which the aid is requested.
Have a regular income of a maximum of 24,301.51 euros per year and be up to date with payments.
- Rental income limit
Depending on the area where you live and the type of dwelling, there are some limits or others, let’s see.
Regarding the rental of an entire apartment:
- Metropolitan Area of Barcelona (Baix Llobregat, Barcelonès, Maresme, Vallès Occidental, Vallès Oriental): 900 euros.
- Rest of the Barcelona demarcation and Girona demarcation: 650 euros.
- Demarcation of Lleida, Tarragona and Tierras del Ebro: 600 euros
And if it’s just a room:
- Metropolitan Area of Barcelona (Baix Llobregat, Barcelonès, Maresme, Vallès Occidental, Vallès Oriental): 450 euros.
- Rest of the Barcelona demarcation and Girona demarcation: 350 euros.
- Demarcation of Lleida, Tarragona and Tierras del Ebro: 300 euros.
- Amount of aid
The aid provides an amount of 6,000 euros, divided into 24 monthly payments of 250 euros each, that is, 2 years.
- How to apply
To apply for the aid, you can do so in person at the local offices or electronically on the website of the Ministry of Transport, Mobility and Urban Agenda.
STATE HOUSING PLAN
The State Housing Plan is a law enacted by the Government, which establishes a series of rental aid programs to facilitate access to and permanence in a home under a rental regime for sectors of the population with limited economic resources.
This aid is processed through the Autonomous Communities, so there will be certain aspects that will vary based on the community in which we are located. Also add that these aids are activated according to the dates decided by the communities themselves.
- Requirements
Be of legal age and under 35 years of age -inclusive- at the time of applying for aid.
Be the holder or be in a position to sign a contract for: housing lease, as a tenant, transfer of use, as a transferee or rental or transfer of use of a room, as a lessee or transferee.
That the home is your usual and permanent residence.
The annual income of all people residing in the home subject to the aid is equal to or less than 3 times the IPREM (€24,318.84).
Careful! It will be 4 times the IPREM for children of victims of gender violence and 5 times the IPREM for people with a degree of disability equal to or greater than 33%.
- Rental income limit
The monthly rental income cannot exceed €600, extendable to €900 by the Autonomous Community.
If you only have a room rented or assigned for use, the rent may not exceed €300 per month, or €450 if the Community justifies it!
- Amount of aid
The amount of these aids is up to 50% of the monthly rental income of the habitual residence, for 5 years!
- How to apply
Rental aid is managed through the Autonomous Communities. Therefore, it will be necessary to find out in each autonomous region the deadlines that are established each year for its application; here is the case of Catalonia.
The documentation to be provided may also vary to some extent in each autonomous community, although the requirements established by the State Plan will be common to all communities.
At Espígul we want to make things easier for you and, therefore, we hope that this post has been of great help to you. Do not hesitate to apply for the aid and take a look at all the rental options that we have available. For example, we have a wide range of rental apartments in Girona, we encourage you to discover them.
