The Community of Madrid has extended the aid of €250 to young people to meet the cost of rent: the necessary procedures to become a beneficiary are available on its website. This housing plan is designed for people between 18 and 35 years old, one of the sectors of the population with more difficulties in accessing decent housing.
Requirements for accessing the subsidies
General requirements of the applicant
It is essential to have Spanish nationality, to be registered in Madrid and to be the holder of a lease or assignment of use of a dwelling or room. The beneficiary, as a general rule, cannot be the owner or usufructuary of another dwelling. In specific cases in which he/she cannot occupy his/her own home for reasons beyond his/her control (for example, a disability), the applicant must send the corresponding documentation in order to receive the assistance.
Specific requirements of the applicant
As a general rule, the applicant’s annual income must be equal to or less than three times the Public Multiple Effect Income Indicator (IPREM). For example, if the indicator marks 600 euros, the applicant must earn a maximum of 1800 euros.
Only the income of the tenant requesting the assistance must be specified, therefore, young people who live in a shared apartment and are not a first-degree family can apply separately.
Housing requirements
The housing must be the habitual residence of the applicant and have a price of 600 euros per month or less in case of renting a complete property, and equal to or less than 300 euros per month if it is a room.
For those who live in Aranjuez, in the capital city or in one of the most expensive municipalities of the Community of Madrid, the housing may have a price equal to or less than 900 euros per month, and the rooms, equal to or less than 450 euros per month.
- The municipalities in which the exception applies to apartments of 900€ per month or less (450€ in the case of rooms) are: Alcalá de Henares, Alcobendas, Alcorcón, Algete, Arroyomolinos, Aranjuez, Boadilla del Monte, Getafe, Collado Villalba, Coslada, Fuenlabrada, Galapagar, Las Rozas de Madrid, Leganés, Madrid, Majadahonda, Móstoles, Parla, Pinto, Pozuelo de Alarcón, Rivas Vaciamadrid, San Fernando de Henares, San Sebastián de los Reyes, Torrejón de Ardoz, Torrelodones, Tres Cantos, Valdemoro, Villanueva de la Cañada, Villanueva del Pardillo and Villaviciosa de Odón.