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Extremadura is earmarking €6.9 million in one year to refurbish 1,203 homes, a segment that will drive construction, as will be shown at CONSTRUTEC home | see all news
Extremadura is earmarking €6.9 million in one year to refurbish 1,203 homes, a segment that will drive construction, as will be shown at CONSTRUTEC

The Government of Extramadura’s Rehabilitation and Housing Plan has earmarked €6.9 million to finance improvements to 1,203 homes. This was announced by the Minister for Health and Social Policies, José María Vergeles, who clarified that the call will be open for a calendar year. The grants will not be awarded on a competitive basis, but on a first-come-first served basis to applicants who verify that their eligibility.

Experts say that rehabilitation will be among the driving forces behind the building sector for the next few years, and this will be very much in evidence at CONSTRUTEC.

This initiative in Extremadura includes six lines of grants: Protected Housing; Self Promotion; Direct Aid; Energy Rehabilitation of Existing Housing; Encouraging the Building Evaluation Report; and Urban Regeneration and Renewal.

Specifically, the Housing Rehabilitation Programme, which aims to encourage refurbishment of homes to improve their state of repair, improve quality and sustainability and guarantee access, has a €1.7 million budget that will be used to award 189 grants with an average € 9,000 per home. The Energy Rehabilitation of Existing Housing Programme aims to develop and drive energy efficiency improvements that will reduce the number of vulnerable homes and consumers, with €3.2 million for awarding 250 grants worth between €4,000 and €15,000 per home.

A total of €120,000 will also be spent on the Urban Regeneration and Renewal Programme, the purpose of which is to facilitate acquisitions or awards of homes to replace buildings which, due to structural wear and tear on the basic construction elements, require demolition and subsequent rebuilding in areas previously identified by the state and the Autonomous Region. A total of twelve grants worth €10,000 each will be awarded.