Zaragoza Urges Spanish Government for More Resources to Boost Affordable Housing amid Crisis
Zaragoza calls on Spain for more support and utilizes EU funds to develop affordable rental housing amid a local housing crisis.
- • Zaragoza urges the Spanish government for more land and resources to combat housing shortages.
- • 112 affordable rental homes are under construction, financed partly by EU funds and set for completion by June 2026.
- • A total of 384 affordable homes are being developed with an investment of €56.3 million, including €15.5 million from the EU's NextGenerationEU program.
- • The initiative focuses on supporting vulnerable groups such as young people and single-parent families through energy-efficient housing.
Key details
Zaragoza is urgently appealing to the Spanish government for increased resources and land to address its ongoing housing crisis. Víctor Serrano, the city's Councillor for Urbanism, Infrastructure, Energy, and Housing, emphasized the critical need to build more affordable homes to reduce prices and support vulnerable groups like young people and single-parent families.
During a recent visit with Isabel Rodríguez, Spain's Minister of Housing and Urban Agenda, Serrano toured a project on Vicente Cazcarra street featuring 112 affordable rental homes. This development is financed partially by European Union funds, with a total budget surpassing €9.25 million and expected completion by June 2026. The homes, ranging from one to four bedrooms, are designed with high energy efficiency and have a maximum rental price of €6.66 per square meter.
Currently, 384 affordable rental homes are under construction across various neighborhoods in Zaragoza, backed by a €56.3 million public-private investment that includes €15.5 million from the EU’s NextGenerationEU program. This EU initiative aims to facilitate economic recovery post-pandemic by supporting socially efficient housing projects. Despite proactive urban planning, Zaragoza has not yet received state land allocations for these developments.
These efforts reflect proactive steps to ease housing shortages and improve accessibility for families facing difficulties in the city. The collaboration between local authorities and EU funding is pivotal in advancing these affordability measures.
This article was synthesized and translated from native language sources to provide English-speaking readers with local perspectives.