The high demand for Madrid rental aid
Every year, many people looking for a rental apartment in the capital choose to apply for Madrid rental aid. In today's blog we will see what these aids are and how they can be requested according to the 2018-2021 Housing Plan.Rent your apartment and forget about worries
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What are the Madrid rental aids?
In Madrid, housing rental aid reaches the maximum limit established by the government, that is, €900 per month. But who can access this benefit?
Income cannot exceed €22,558 per year per family unit, except Chinese Overseas America Number Data for large families and people with functional diversity.
If they have a home they own, they will not be able to access aid.
The property for which you request aid must be your habitual residence.
Youths
Young people under 35 years of age can apply for this aid to access rental housing. The maximum aid for young people is 50% of the monthly income and must be below €600.
Over 65 years
To receive aid for senior citizens you will have to be at least 65 years old, have assets of less than €100,000 and have rented for at least 40 years.
Recommended reading: 2 simple tricks to rent an apartment without payroll
The effects of the coronavirus on Madrid rental aid
The deadline to apply for aid was extended until September 30, but in July the number of applicants was already above 12,000 people and it is estimated that until the deadline ends there will be 60,000 requests. These alarming figures show the great economic impact that the coronavirus crisis has had for many families.
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was approved in July. Even so, of the 12,000 applications, they will only be able to cover half. The aid will reach 900 euros per month with a maximum of €5,400 per beneficiary.
Rental aid Madrid: important aspects to take into account
It is essential before sending any request that you review them and ensure that you have the requirements to request it. If you send the documentation incorrectly, the application will be automatically discarded, therefore, it is important that you take your time to check that everything is correct.
And if it's my turn, what happens now? Well, if you are one of the beneficiaries you will be able to see it on the list published by the department. Once the list is published, you will have to send the necessary documentation and information to be able to officially obtain help from the corresponding autonomous community.
Rental aid due to Covid-19
If you find yourself in a vulnerable situation with limited financial means due to covid-19, it is important that you keep in mind that the deadline to request rental aid for people who find themselves in this situation has been extended until December 31 ..
You can find out to see if you meet the requirements to rent an apartment as a tenant and can access these aids, or wait for the 2021 Madrid rental aids.
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