La Caixa Group, through its Obra Social launched the Affordable Housing Programme in 2005. The programme aims to provide young and old people and families with access to housing. In 2012 over 3,200 houses were rented under the framework of this programme. The monthly rental ranges from 190€ to 500€ depending on the type of tenant.
In 2011 the Plan of Charitable Rental was launched. There were around 2,200 houses available throughout the country. This Plan was conceived for people hit by the current economic crisis. Although the monthly rental is 300€, the tenants do not pay more than 150 € per month thanks to the subsidies from LaCaixa’s “Obra Social” for the first two years of the rental contract. The houses are assigned by drawing lots according to objectivity, transparency and publicity principles.
In 2012 roughly 2,200 houses were already allocated. An increase of 2,200 houses is expected in 2013.
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