Canaries Rental Aid 2022-2023: How much is it and how can I get it?

The 2022-2023 rental aid is an economic benefit from the Canary Islands Government, which is part of the 2022-2025 State Housing Plan co-financed with the State, which aims to assist those with low economic resources pay their rent.

On October 19th, the Minister of Public Works, Transport and Housing of the Government of the Canary Islands, Sebastián Franquis, presented five lines of action of the Canary Islands Housing Plan 2020-2025, among which is rental assistance for 2022- 2023.

How to apply for rental aid 2022-2023 in the Canary Islands:
You can party can submit an application, addressed to the Canarian Housing Institute, online through the Electronic Office of the Canary Islands Government, or in person at the headquarters of the same institution by making an appointment.

The required documentation is your DNI, the historical and collective registration certificate, a complete copy of the property rental contract, plus a large family certificate, or disability certificate (if applicable in the last two cases).

What is the deadline for submitting applications?
The submission period is open from now until Thursday 10th November 2022.

What requirements must be met to apply for the benefit?
People who are of legal age and who meet the following requirements may apply for the aid:

- Have Spanish nationality, or that of any of the Member States of the EU or the European Economic Area, Switzerland, or the relationship determined by the applicable regulations. In the case of non-EU foreigners, e.g. UK citizens, they must be legal residents in Spain.

- Be the holder of a rental contract as a tenant for a residential property in the Canary Islands. In the case of renting a room, the contract must be for a minimum of one year.

- The rented home must be the main or permanent residence of the person living on a rental basis, i.e. not a second home or extended holiday home contract.

- The economic income of the cohabitation unit (people living there) does not exceed the established limits.

What is the economic threshold established to receive the aid?
The Government of the Canary Islands takes as a reference the Public Indicator of Income for Multiple Effects (IPREM), which in 2021 was set at 14 payments totalling 7,908.60 euros. Likewise, it establishes three different economic thresholds depending on the type of cohabitation unit:

- As a general rule, the threshold will be three times the IPREM, that is, 23,725.80 euros.

- For large families of the general category, or cohabitation units in which there is a person with a disability, the threshold will be four times the IPREM, which is 31,634.40 euros.

- For large families of a special category or cohabitation units that include people with disabilities with a recognized degree equal to or greater than 33%, the threshold will be five times the IPREM, that is, 39,543 euros.

What is the maximum monthly rental price?
The aid also establishes caps on the cost of rented housing per month:

- As a general rule, the rent cannot exceed 600 euros per month.

- For large families or cohabitation units that include people with disabilities, the limit is 700 euros per month.

- If the rent includes annexes or other expenses, it cannot exceed 750 euros per month in general, or 875 euros per month in cases of large families or living units with people with disabilities.

- In the case of lease or transfer of use of a room, this rent must be equal to or less than 300 euros per month.

How much is the aid amount?
The amount of the subsidy is 50% of the monthly rent stated in the rental contract for the duration of the contract within the eligible time period, which is from 1^st January 2022 to 31^st December 2023, i.e. 24 payments of 50% of your rent amount.