The Govern approves a budget with a record investment in housing of 1.9 billion
The Catalan government has approved a record budget of 1.9 billion euros for housing, aimed at providing rental assistance to nearly 90,000 residents.
The Catalan government, led by Salvador Illa, has approved a budget for 2026 that includes a record investment of 1.9 billion euros devoted to addressing the housing emergency in the region. This significant financial allocation is aimed at providing rental assistance to nearly 90,000 individuals and expanding the public housing stock. The funds will also cover land promotion and urban planning, which are key components in increasing affordable housing availability.
Despite the ambitious nature of the budget, the Catalan government faces significant political challenges, particularly in securing necessary support in the Parlament. The ruling party's relationship with Esquerra has soured, as they opted not to negotiate the budget with the socialists, complicating the approval process. The expansion budget is part of a larger financial strategy, amounting to nearly 50 billion euros, reflecting a significant increase in overall government spending.
This unprecedented investment not only aims to tackle current housing crises but also indicates the government's commitment to long-term solutions in urban development. However, without sufficient parliamentary backing, the effectiveness of these ambitious initiatives remains uncertain, raising questions about future housing policies and their implementation in Catalonia.