The Government gives the ‘green light’ to the 2024 Youth Rental Bonus, which will give 250 euros per month to young people for two years

Housing and the CCAA will meet again next week to agree on the distribution of the aid, which will be released in November

Oct. 15 () –

The Council of Ministers this Tuesday approved the new call for the 2024 Youth Rental Bonus, which will distribute 200 million euros among the autonomous communities so that young people between 18 and 35 years old can access an amount of 250 euros per month for two years as rental assistance.

The Minister of Housing and Urban Agenda, Isabel Rodríguez, already made progress on Monday, and later confirmed the President of the Government, Pedro Sánchez, that this Tuesday the new call for the Young Rental Bonus would be approved, which the autonomous communities ratified unanimously in the last Housing Sector Conference.

“We are going to implement this third edition, an additional 200 million under the responsibility of the Government of Spain,” Rodríguez stated at the press conference after the Council of Ministers, where he indicated that the requirements “will be the same” as in the last two editions. : The annual income of the subsidy applicants must generally be less than three times the IPREM and the monthly aid will be 250 euros for a period of two years.

Furthermore, Rodríguez has assured that more and more communities are showing their commitment to expedite the processing of this aid and cover the pending payments that the beneficiaries of the bonus had in previous calls, after the warnings by the Ministry to autonomies of the inequalities in the distribution of the subsidy by territory.

The objective of the aid, as Housing sources indicated a few weeks ago, is that the call reaches 66,000 young people, as in the two previous calls, and that the aid begins to work in November.

Furthermore, the minister has once again called on the autonomous communities to complete the Government’s aid efforts with their own resources, so that the number of beneficiaries can be increased.

Along these lines, the minister has celebrated that more and more autonomies are complementing the bonus with their own resources, as Catalonia or the Valencian Community already did and to which Asturias will soon join.

“The Government is determined to make as many decisions as are necessary in these remaining three years of the legislature,” said Rodríguez, alluding to his resolution to focus on solving housing problems.

DISTRIBUTION BY CC.AA.

Of the total, Andalusia will receive 34.2 million euros; Aragon, 7.6 million; Asturias, 6.6 million; Balearic Islands, 4.8 million; Canary Islands, 10.6 million; Cantabria, 3.8 million; Castilla y León, 10.8 million; Castilla la Mancha, 8 million; Catalonia, 29 million; Extremadura, 6 million; Galicia, 11.4 million; La Rioja, 3.4 million; Madrid, 31.8 million; Murcia, 8.8 million; C. Valenciana, 22.8 million; Ceuta, 200,000 euros; and, Melilla, 200,000 euros.

After being approved by the Council of Ministers, the Ministry of Housing and the Autonomous Communities will meet again in a new sectoral conference to ratify the aid, expectedly next week, as indicated by sources from the Ministry to Europa Press.

Once ratified and the administrative procedures have been completed, the Executive will precede the sending of the resolutions with the respective amounts to the autonomous communities so that they accept and the transfer can be made for their respective calls.