It's official: the Community of Madrid will reduce the registration required to access the rental of protected housing to 5 years

It’s official: the Community of Madrid will reduce the registration required to access the rental of protected housing to 5 years

The Community of Madrid will reduce the registration requirement from ten to five years to be able to request the rental of a protected housing. This was announced this Thursday by the Minister of Housing, Transport and Infrastructure, Jorge Rodrigo, during the control session of the Plenary Assembly.

The measure, framed in the new Public Housing Regulations scheduled to be approved in July, seeks to promote construction, facilitate management and increase the public supply of available housing.

More facilities and reduction of the deadline

Until now, Madrid required 10 years of registration to access protected housing, but with the new framework, 5 years will be enough in the case of renting, while for student residence or shared housing models no minimum period will be required, as detailed by Rodrigo, as reported by ‘Europa Press’. Furthermore, it will be sufficient for only one of the members of the cohabitation unit to comply with the registration requirement.

There will also be exceptions for those who have already acquired prior commitments with a home before the entry into force of the regulation, such as purchase and sale contracts or purchase options, allotment titles or financial contributions, and in addition, members of cooperatives who have disbursed amounts intended for the acquisition of the land or the property itself will be exempt.

The president, Isabel Díaz Ayuso, had advanced the approval of the new regulation, which is still in the amendment phase, in addition to highlighting that they have already completed 95% of the first shock plan with measures to boost housing. Thus, during his speech, Rodrigo contrasted the model of the regional government focused on the “rooting” of the people of Madrid with the proposals of the PSOE, alluding to “massive regulations of more than 500,000 immigrants”, in an explicit reference to the immigration debate.

Changes adapted to current reality

Among the new features of the regulatory text, the simplification of administrative procedures stands out, incorporating the responsible declaration for the final classification of homes and the approval of access title contracts. The Ministry maintains that these changes will reinforce legal security and adapt the regulations to the “different current residential formulas”, guaranteeing more agile and realistic access to protected housing.

Thus, with this new framework, the regional government intends to “adjust the regulations to the current reality”, although the final details and practical application of reforms that seek to respond to one of the main citizen demands in the Community of Madrid remain to be known.