- The FSV has 6,000 homes with reduced rent from which 1,465 families have benefited so far
The Social Housing Fund (FSV) has been extended for one more year, until January 17, 2016, as agreed by the signatories of the agreement for its creation. The FSV was launched two years ago with 6,000 homes provided by financial institutions to assist vulnerable families through the crisis through reduced rents (between 150 and 400 euros per month, with a maximum limit of 30% of income from the family unit). To date, 1,465 families have been welcomed.
The FSV was launched on January 17, 2013 by agreement between the Ministries of Economy and Competitiveness, Health, Social Services and Equality and Development, the main credit institutions of the country and their associations, the FEMP and the third sector platform . The agreement expired two years after its signature, that is, on January 17. The FSV is one of the measures, together with the Code of Good Practices and the moratorium on evictions, which the Government has put in place and which together have benefited some 30,000 families.
In May 2014, it was agreed to expand the scope of the Fund to accommodate a greater number of families especially affected by the crisis and unable to afford the payment of a rental on a market basis. A total of 1,465 families have accessed homes contributed by the 33 participating financial institutions.
Those who have been evicted from their habitual residence after January 1, 2008 as a result of a foreclosure application for non-payment of a mortgage loan can benefit from the FSV. They must meet a series of economic requirements. Specifically, that the total monthly income of the family unit does not exceed the limit of three times the Public Indicator of Multiple Effects Income (€ 1,597 according to the current IPREM); and that none of the members of the family unit have property ownership.
In addition, they must meet other 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; the elderly, pre-retired or retired, who have guaranteed their children or grandchildren with their housing; and all those persons or family units with circumstances of social vulnerability different from the previous ones for which the housing supposes, according to the report of the competent social services, an indispensable asset for the maintenance of their social inclusion.
