The Community of Madrid is developing a new 2026/2027 housing action plan. It includes 15 measures designed to make it easier to buy a first home, increase the stock of rental apartments, and shorten construction timelines on available land across the region.
“My First Home” program
One of the main novelties is the extension of the “Mi primera vivienda” program eligibility up to 50 years of age. The scheme offers 100% mortgage guarantees for buyers of both new and resale homes. Until now, the limit was 40 years and it applied only to resale housing.
With this extension, the regional government aims to support residents in purchasing their first home and to significantly increase the number of potential beneficiaries, following the July 2024 reinforcement of the program. At that time, initial requirements were adjusted to “align with social and economic reality,” and it was decided that large families and single-parent families could benefit without age restrictions.
Housing for youth: Vive Solución Joven
To foster emancipation among people under 35, the region will add 1,000 additional homes to the Vive Solución Joven plan, bringing the total to 5,500. This will be achieved by including municipalities such as Alcalá de Henares and Villanueva de la Cañada, and by strengthening projects planned in the capital with new developments in the Aravaca area. In total, the Vive plan will increase its affordable-rent offer to 14,000 apartments in more than 20 municipalities, of which around 5,000 have already been delivered.
Incentives for long-term landlords
The plan also protects both owners and tenants. The regional government will boost incentives within the Alquila program to “reward” homeowners who decide to place their property on the long-term rental market.
Plan Comparte
In addition, the Plan Comparte will be launched so that older people can share housing with young people, easing access for groups currently facing the greatest challenges in the market. All homes participating in the program will receive quality seals certifying compliance with “maximum safety standards”.
Law on territorial planning, urban development and land
Another key pillar is a new law on spatial planning, urban development and land that will increase the number of affordable homes and shorten administrative deadlines. A regional housing land plan will identify suitable plots for new urban developments, given that 30,000 new homes are built annually in the capital and “available plots will be exhausted within a decade”.
The new Land Law will simplify procedures to make land more readily available for housing. It will also unify urban planning and spatial planning rules, updating and replacing two current laws with a single “more flexible and simple” framework to govern these matters. Approval is expected in early 2027.
To date, only 21 of the region’s 179 municipalities have updated their urban plans due to the “complexity” of preparing and approving General Urban Development Plans under current legislation, a process that usually takes 10–12 years. The new Land Law proposes a model based on municipal strategic plans to replace the current ones and be approved within 4–6 years – more than halving the timeframe. In addition, the drafting period will be reduced from 7 to 4 years, or even to one year.
The law foresees a special regime for small municipalities and specific measures for urban regeneration, allowing districts to be refurbished and public and private spaces to be improved.
For plots designated for social housing, the regulations will allow a 10% increase in buildable area and a 20% increase in density without changing the urban plan. This measure will add 15,000 new affordable homes over the next four years, in addition to the 140,000 already planned.
Support for vulnerable families
The Social Housing Agency (AVS) will expand its stock for vulnerable families. Specifically, it will increase the number of homes built during the current legislative term to 2,100 by adding 500 more in the city of Madrid. AVS has already started building 840 homes in Majadahonda, Móstoles, Rivas-Vaciamadrid, Villa del Prado and in the capital itself.
