# Spain approves €201m for affordable rental homes 27 October 2026 at 14:01 > The Government has authorised a subsidy package to build 2,500 affordable rental homes on public land through a new housing initiative. The **Government** has approved a 201 million euro subsidy package to develop affordable rental housing on public land owned by **Casa 47**. Following a royal decree by the **Council of Ministers**, direct aid will finance thirty developments across **Spain**, including Málaga and Sevilla. This public-private collaboration aims to deliver 2,500 new homes in areas such as Valencia, Cantabria, and Guadalajara. Under the scheme, rental costs are capped at 30% of household income, with long-term contracts lasting for a duration of up to 75 years. The initiative ensures that ownership of the houses remains public while providing permanently reduced rents. Drawing inspiration from the housing model used in Vienna, the **Ministry of Housing** intends to increase the national stock of affordable rental units. [#SpainHousing]() #AffordableRent #Casa47 #SocialHousing #PublicPrivatePartnership ## Related news ## [Spain faces deficit of 750,000 homes]() 22 October 2026 at 16:11 ## [Multi-landlords drive 18% of Spain's rent rises]() 22 October 2026 at 13:36 ## [Spain approves €225m for affordable housing]() 20 October 2026 at 13:42 ## [Evictions in Spain drop by 35.7% in Q2 2026]() 16 October 2026 at 13:37 ## [CIS Barometer: 80% of Spaniards concerned by housing]() 8 October 2026 at 13:06