This initial payment should arrive by the end of July and the following one in the following month. Even if the treasury bonds, which will report 10 billion euro until the end of the year.
The total program dedicated to urban rehabilitation and renewal includes 6.820 million euro of the maximum 140 billion euro the country can receive. These funds will also serve to lower the Spanish housing stock energy consumption.
The Ministry of Transportation, Mobility and Urban Agenda calculates that more than half a million housing rehabilitations, which would represent the creation of more than 180.000 jobs and 13.5 billion euro more to the Spanish GDP.
1 billion of the nearly 7 billion to be spent building 20.000 dwellings for affordable rental housing. In this way, it would be closer to the goal of having a housing public stock with close to 100.000 units.