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746 new public housing units open in Barcelona
Nearly 80% of new apartments to have affordable rent
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Nearly 80% of new apartments to have affordable rent
Pere Aragonès faces pressure from grassroots movements on first day in office
Podemos unhappy about proposed Socialist bill for “flagrant breach of government agreement”
Corporate Europe Observatory's Kenneth Haar calls on cities to challenge higher authorities for powers to manage affordable housing problems
Opposition parties vote en bloc against law
Rental costs for new properties rose by 11,9%, with those for used dwellings increasing by 7.2%
Mataró launches EU-funded project to turn old buildings into affordable housing
Càritas calls for more affordable housing for people in vulnerable situation
The European Investment Bank (EIB) approved on Tuesday a €125 million loan to the Council of Barcelona to build 2,198 affordable houses. The money will help to finance 23 promotions from all over the city and will cover 50% of the projects budget. The rest will be paid through the Council own resources (31%) and other financial sources, including public and private institutions (19%). Gerardo Pisarello, from the Barcelona Council, said that the EIB loan will help the city save up to €45 million in interests, as the financing conditions set by the European Investment Bank are much more favourable than those of other banks. The Council of Barcelona is planning to build 8,800 affordable flats until 2025.