The Junta de Andalucía will support the purchase or rental of housing with more than 800 million in its Budgets for 2025, as announced by President Juanma Moreno, who has specified that this amount will be reached between “fiscal measures and resources to facilitate access to housing for Andalusians”.
The spending and investment forecast in the Andalusian public accounts will include next year 500 million for housing policies. There will be games for construction of protected housing (the intention is to reach 20,000 before 2030) and also for rehabilitation (There are 500 million in a multi-annual plan financed with European funds to act in neighborhoods and blocks, with energy efficiency as one of the priority objectives.
But access to housing will also be supported at the expense of the administration’s income. Through tax means. The forecast is that the 300 million euros that remain in the hands of families instead of ending up in public coffers.
The measures announced areincrease to 6% of deductions of personal income tax for the purchase of their first habitual residence for young people and 15% on rent for those under 35 years of age, over 65 years of age, victims of sexist violence and terrorism and people with disabilities; expansion of the Youth Guarantee Program, an initiative from which more than 1,200 young people have already benefited, and which next year will have a larger allocation of 25 million, and more young people will be able to benefit, since it will be extended to 40 years.
Also in this section, deductions related to housing are estimated in the Inheritance and Donation Tax (almost completely discounted) or the Tax on Property Transfers and Documented Legal Actswith a reduced rate of 6% on the purchase of a primary residence whose value does not exceed 150,000 euros and even lower rates (3.5%) for cases in which they benefit people with disabilities, those under 35 years of age, victims of gender violence or terrorism, rural localities with depopulation problems…
real problem
“We have a real housing problem in Spain and we cannot look the other way,” said Juanma Moreno, who explained that one of the reasons is that “the raw material for housing, which is land, is loaded with bureaucracy, fiscal pressure and lack of pragmatism and management”.
He has also referred to the problem of housing rentals and the need for owners to have “slegal security” when renting.
He has said that his Government will present a housing law which is going, precisely, “to facilitate land, and to simplify and de-bureaucratize land procedures.”
Processing
The Andalusian Budget Law project for 2025 will be approved by the Government Council and will reach Parliament on Tuesday 29 of this month.
The president has highlighted that next year’s accounts will allocate “6.7 billion euros to support the productive fabric and to generate employment, to encourage it and to improve those levers of change that our business fabric needs, which continues to be small and medium, small in size, and which we want to motivate to take that leap.”
Apart from the significant amounts for health and educationwhich have reached “historic milestones” of representing 7.5 percent and 5.5 percent of the Andalusian GDP, respectively, according to the president, housing will also play a leading role in next year’s accounts.
Juanma Moreno has also expressed her willingness to accept amendments partial proposals that opposition groups present to the Budget Bill.
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