The Commission for the Follow-up of the Social Housing Fund (FSV) has agreed to expand the number of flats available to people especially affected by the crisis by 3,974 and who cannot afford the mortgage payment. The FSV thus brings together a total of 9,866 homes contributed by 29 financial entities. It has also been agreed to include new groups among the possible beneficiaries, such as those over 60 years of age or marriages and unmarried partners without children and non-mortgage debtors. The set of measures promoted by the Government to alleviate the problem of evictions have so far benefited some 45,000 families. In addition to the FSV, the Code of Good Practices, the moratorium on launches and improvements in the functioning of the mortgage market are operational.
The FSV was created in January 2013 with 5,892 homes provided by banks to provide assistance to the most vulnerable families through reduced rents (between 150 and 400 euros per month, with a maximum limit of 30% of the income of the family unit) . It expired two years after its constitution (last January 17) but the Government has extended it two more years, until January 2017. It was established by agreement between the Ministries of Economy, Health and Development, the main credit institutions and their associations, the Spanish Federation of Municipalities and Provinces (FEMP) and the Third Sector Platform.
With the extension to 9,866 homes, the FSV seeks to cover a greater number of situations that require a response from all the agencies and entities involved. The same objective is pursued with the inclusion of new groups that would give the right to obtain FSV housing. Specifically, it can be requested by people over 60 years old and unmarried couples or couples without children. It is also expected that at least 5% of the FSV's homes will be destined to people evicted from their home due to non-payment of non-mortgage loans provided they meet the other requirements. It also contemplates the possibility of agreements with the City Councils and entities of the Third Sector and the implementation of a website with all the information.
These requirements are added to those already in force that, taken together, make any person or family in difficulty be unassisted. Those who have lost their habitual residence after January 1, 2008 due to non-payment of a mortgage loan, including those who have not yet been evicted or those who have agreed to the payment in payment can be accommodated to the FSV. They must meet a series of economic requirements, in particular, that the total annual income of the family unit does not exceed the limit of three times the Public Indicator of Multiple Effects Income.
In addition, they must meet other vulnerability requirements, such as being a large family; have minors in charge; have a disabled person; that the debtor is unemployed and has exhausted the benefits; victims of gender violence; and all those vulnerable persons or family units for which housing implies, in accordance with the social services report, an indispensable asset for the maintenance of their social inclusion.
In May 2014, it was agreed to expand the scope of the Fund to accommodate a greater number of families with no capacity to pay the rent on a market basis. With this modification, the possibility was opened for families to remain in the dwelling they lived in even if they had lost it due to forced execution and even after it had been awarded. This option was also collected for payment dates.
Likewise, families with children up to 18 years old were included (until then the limit was 3 years); dependent or disabled (the minimum 33% disability was eliminated); pre-retired or retired people who would have endorsed their children or grandchildren and other people in an untypical situation with their homes, but that the social services so advise.
The signing ceremony of the expansion of the FSV in the Ministry of Economy and Competitiveness has been attended by:
Ministry of Economy and Competitiveness: Secretary of State for Economy and Business Support, Íñigo Fernández de Mesa Vargas
Ministry of development: Secretary of State for Infrastructure, Transport and Housing: Julio Gómez-Pomar
Ministry of Health, Social Services and Equality: Secretary of State for Social Services and Equality, Susana Camarero Benitez
Bank of Spain: Javier Priego Pérez (General Secretary of the Bank of Spain)
FEMP: Íñigo de la Serna (President of the FEMP)
Third Sector Platform: Juan Lara Crevillén (Vice President for the Consolidation of the Third Sector)
AEB: Javier Rodríguez Pellitero (General Secretary of AEB)
AHE: Santos González (President of AHE)
MINT: Jose María Méndez (General Director of CECA)
UNACC: Cristina Freijanes (General Secretary of UNACC)
Bankia: José Sevilla (Chief Executive Officer)
BBVA: Cristina de Parias (Director of BBVA Spain)
CaixaBank: Juan Antonio Alcaraz (General Director of Business of CaixaBank)
ING: Almudena Román Domínguez (General Director of ING DIRECT Spain)
Popular Bank: José Ramón Alonso Lobo (General Director of Business and Clients)
Sabadell Bank: María José García Beato (General Secretary of Banco Sabadell)
Santander Bank: Rami Aboukhair (Country Head Santander Spain)