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PP Tables Plan to Unlock Land for 6.8 Million Homes

It mobilizes undeveloped plots through fiscal incentives, digitized planning procedures, budget scrutiny, urban buildability reforms.

Overview

  • The PP tabled a non-legislative proposal in today’s Housing and Urban Agenda Commission to unlock land and boost affordable housing production.
  • The plan targets Spain’s 6.8 million inactive plots out of 9.3 million buildable parcels stalled by undeveloped urban plans.
  • It would establish fiscal and urbanistic incentives to raise buildability limits for protected housing and channel public land toward affordable rental and social units.
  • Extraordinary unblocking mechanisms in high-demand municipalities and digitized planning procedures aim to reduce approval delays that can stretch up to 25 years.
  • The PP reproaches the Ministry of Housing for executing only 33 percent of its budget in 2024 while home prices and rents have surged 40 percent and 36 percent respectively since 2018.