PSOE Candidate for President of Murcia Region Announces Plan to Aid Young People’s Access to Housing

Vélez recalled that the Government of Spain approved a line of ICO guarantees to cover up to 20 percent of the mortgage subscribed by young people up to 35 years of age and families with dependent minors who buy their first home.

“From the regional government of the PSOE we are going to complement this guarantee from the Government of Spain until reaching 50 percent. That is to say, 20 percent is going to be provided by the Government of Spain and the remaining 30 percent is going to be endorsed by the regional government”, explained the socialist candidate.

He has indicated that, in this way, the PSOE will make it easier for young people to get their first home, that they have the possibility of going to a bank and have the guarantees of being able to acquire it. “The Government of Spain will be there and the regional government of the Socialist Party will be there.”

In addition, Vélez has committed to complement the Youth Rental Bonus up to 300 euros, allocate land in the Autonomous Community for the construction of public housing and fully comply with the Housing Law.

Finally, the socialist candidate recalled that the regional government has had for two years the money that the Government of Spain has sent to the Region and has not wanted to use it to help young people, since it has been two years without starting the files for the Youth Rental Bonus. “In the first six months of the regional government of the PSOE, absolutely all the finalized files that there are applications for the Youth Rental Bonus will be issued.”

“The citizens of the Region of Murcia need an autonomous government that takes housing seriously and facilitates access to it, and this will be a reality from May 28 with a socialist government”, he concluded.