Spain's cabinet has approved a new national housing plan for 2026–2030, allocating a record €7 billion — triple the budget of its predecessor — to address the country's deepening housing crisis. A central feature of the plan is a permanent protection rule preventing any publicly funded social housing from ever being reclassified as private market property, a measure aimed at reversing decades of policy that saw roughly 2.7 million subsidised homes absorbed into Spain's open market. The plan also increases construction subsidies to up to €85,000 per unit, caps rents on new public housing at €900 per month, and will require regional governments to establish rental deposit registries within a year to improve market transparency; full implementation is expected by July once agreements are reached with Spain's autonomous communities.
Mosaic News
Spain approves €7 billion housing plan to permanently protect subsidised properties[Updated]
Under the funding structure, the central government will contribute 60% of the €7 billion total — approximately €4.2 billion — with regional governments required to provide the remaining 40%, or around €2.8 billion. The budget will be divided across three streams: 40% directed toward new affordable housing construction, 30% toward rehabilitating existing properties to improve energy efficiency and incorporate them into the public stock, and the remaining 30% allocated to groups facing the greatest barriers to housing access, including young people and women fleeing domestic violence. Housing Minister Isabel Rodríguez described the plan as the instrument that "anchors the change of model" in housing policy the government is seeking for the next four years.