• More than 9,500 families have had access to a reduced rent since the FSV was launched five years ago

The Social Housing Fund (FSV) has been extended for one more year, until January 17, 2019. This is the fourth extension of this fund, which was launched in January 2013 with 6,000 homes contributed by the entities financial resources to give access to vulnerable families through the crisis through reduced rents (between 150 and 400 euros per month). Currently, the FSV has almost 9,900 homes, over which up to 9,500 rental agreements have been made until September of last year.

The FSV is part of the group of measures to alleviate the problem of evictions, together with the Code of Good Practices and the moratorium on foreclosures, launched by the Government in 2012. From these three initiatives have benefited until the Date almost 90,000 families. As a result of these actions, but above all, thanks to the recovery of the economy, there has been an 84% drop in the number of foreclosures in the third quarter of 2017, compared to the hottest moment, in the second quarter of 2014.

The FSV can be accessed by natural persons who have lost their habitual residence after December 31, 2007 and who, at the time of the request for housing, family income does not exceed the limit of three times the Public Indicator of Income of Multiple Effects (currently, 7,519.59 euros per year in 14 payments), or have another home owned or in usufruct. In addition, they must be in one of the following cases of special vulnerability:

  1. Family unit with minor children
  2. Single parent family unit with two or more dependent children
  3. Family unit in which any of its members has declared disability greater than 33%, dependency situation or illness that incapacitates
  4. Family unit in which the mortgage debtor who has lost his home is unemployed and has exhausted his benefits
  5. Family unit in which there is a victim of gender violence
  6. People in situations of dependency or with disabilities for whom housing is an indispensable asset for their social inclusion
  7. People over sixty
  8. People in a situation of pre-retirement or retirement who, through guarantee, have assumed the debts of their children or grandchildren
  9. Other persons or family units with circumstances of social vulnerability other than those mentioned

The extension of the FSV has been agreed by the Ministry of Economy, Industry and Competitiveness with the Ministry of Development, the Ministry of Health, the Third Sector Platform, the Bank of Spain and banking associations.

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