Change the REF to improve the housing stock in the Canary Islands

The PSOE, together with Coalición Canaria, has presented a bill in Congress to modify the Economic and Fiscal Regime (REF) of the Canary Islands, in order to allow the use of funds from the Reserve for Investments in the Canary Islands (RIC) to improve the stock of habitual housing.

According to the socialist group in a press release, these funds would be used, specifically, for the construction, acquisition and rehabilitation of homes for rent as habitual housing.

The deputy spokesperson for the PSOE in the Finance and Public Function Committee and deputy for Santa Cruz de Tenerife, Alicia Álvarez, has pointed out that in the Canary Islands the difficulties of access to housing constitute a very serious problem, since it is a limited territory, with a large proportion of protected territory and with strong tourist pressure.

To this are added, she stressed, the new modalities, such as vacation rentals, which also influence the price of residential housing.

The socialist deputy has framed this initiative in the housing plan announced by the President of the Government, Pedro Sánchez, which will have -she assured- a clear effect in the Canary Islands.

However, she stressed, this community also needs specific and concrete actions, which has led her parliamentary group to register this initiative, which seeks to "mobilize the Canary Islands economy and, at the same time, promote access to affordable housing".