The regulatory reform, approved by the Governing Council, seeks to adapt the program to the current economic reality, enabling a greater number of citizens to benefit from this initiative. Key changes include the relaxation of economic criteria and enhanced priority for residents with territorial roots.
For basic-price homes, the income range for two-person family units has been set between 1.5 and 5.5 times the IPREM. For limited-price homes, this margin is further expanded, allowing access to families with incomes between 1.5 and 7.5 times the IPREM. This measure is designed to include the middle class and those with moderate incomes who were previously excluded.
The new regulation places a special focus on protecting those who are already part of the local community. The most significant change is the strengthening of territorial roots, establishing a very clear priority system for applicants.
One of the most notable modifications is the absolute priority for those who can demonstrate at least five years of registration in the municipality where the homes are located or who carry out their main work activity there. This requirement, stricter than the previous three-year minimum, aims to ensure that local residents have a significant advantage. A second level of priority is given to those who have resided anywhere in the Community of Madrid for ten years.
Furthermore, transparency and agility in allocation management have been improved. Lists of interested parties will be permanently published on the concessionary companies' websites, with a direct link from the institutional website of the Community of Madrid. This will allow real-time consultation of application statuses and reduce allocation times to prevent completed homes from remaining vacant.
The reform also addresses land availability, allowing the regional administration to use plots assigned to the Community, even if they are on land belonging to other administrations such as city councils. This is expected to increase the rental supply in the coming years. Regarding bureaucracy, document submission will be simplified, accepting recent tax data and sworn statements for economic changes not yet reflected. If homes reserved for specific quotas become vacant, they can be quickly reallocated.
To date, the regional government has delivered 5,211 rental homes. It is anticipated that construction of over 3,000 additional homes will be completed starting in June, which will be progressively made available to residents of Madrid. For homes managed by the Social Housing Agency (AVS), the general residency requirement remains ten years in the region, with three of them consecutive and immediately prior to the application.
