Section: World Window

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Spain expands public affordable housing stock

Posted 01.07.25
La Moncloa: Further reading

The Council of Ministers has adopted new measures to facilitate access to housing in Spain, according to the Minister for Housing and Urban Agenda, Isabel Rodriguez.

She pointed out that in recent years the percentage of public housing stock has risen from 2.5% to 3.4%, which is still far from the European average of 9%.

To increase and protect this stock, the Government has created instruments such as the Housing Act and the Public Company for Housing and Land, which will guarantee that all state resources that can be converted into a home will be used for this purpose and no other.

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Funding for IIFL Home Finance will enhance access to affordable housing finance in India

Posted 09.07.25
Asian Infrastructure Investment Bank: Further reading

The Asian Infrastructure Investment Bank (AIIB) has signed a £74 million (in equivalent Indian Rupees) facility with IIFL Home Finance Limited (IIFLHF) to improve financial access to affordable housing in India, specifically targeting the economically weaker sections (EWSs) and low-income groups (LIGs).

The funding will support IIFLHF in financing developers of affordable housing projects. Part of the proceeds will also support IIFLHF's green housing portfolio, encouraging developers to adopt green certification standards in building affordable housing projects.

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