In response to Spain's housing crisis, NGO Provivienda has initiated a program in the Canary Islands to buy homes and rent them to families at affordable rates. The rental price is approximately 340 euros per month, with the organization also covering associated fees. Beneficiaries are selected based on income, and rental contracts can last up to seven years. This initiative highlights the shortcomings of public housing provision and represents a new model for social housing in Spain, particularly in regions with high rents and low wages.
Provivienda is buying up homes across the Atlantic archipelago and renting them out at affordable prices, showcasing a unique approach to the current housing crisis.
Until now, the development of public housing was in the hands of the Spanish government and secondly that of developers,
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