The Insular Governing Council has given the green light this Tuesday, July 14, to the approval of a modifying addendum to the specific cooperation agreement with the Canary Housing Institute (ICAVI), guaranteeing an extraordinary economic injection of 578,000 euros for the new call for the Young Rental Voucher in 2026.
This new measure consolidates the pioneering strategy initiated by the Corporation to provide double coverage for applications from Lanzarote and La Graciosa. Specifically, the budgetary expansion is articulated through two essential channels: recovering a surplus of 378,000 euros not applied in the 2025 call, and adding a new allocation of own funds from the Cabildo worth 200,000 euros that was approved in a plenary session.
For his part, the Minister of Housing, Miguel Ángel Jiménez, emphasized the technical and legal importance of this agreement, explaining that the signing of this addendum provides the Cabildo with a flexible and permanent mechanism. "On the one hand, it reinforces the imminent 2026 call with more than half a million euros, while at the same time it prepares the way to automatically incorporate future surpluses from renunciations or non-subsidizable files, maximizing administrative efficiency," he highlighted.
The major administrative novelty approved on Tuesday the 14th in the Governing Council lies in the structural modification of the agreement. From now on, the regulatory bases allow surplus funds from Lanzarote and La Graciosa, whether due to a lack of applications meeting requirements or subsequent revocations, to be incorporated directly into the new calls for the Young Rental Voucher, a measure that shields the budget so that it remains entirely for the benefit of the youth residing on both islands.
The funds provided by the Cabildo will act, as in the previous edition, as an underlying line of specific financing intended to expand the number of beneficiaries. In this way, once the general and regional financial allocation of the Young Voucher is exhausted, applications from Lanzarote and La Graciosa that remain on the waiting list will be directly funded from this new allocation.
The official call for the 2026 Young Rental Bonus will be published soon by the Canary Islands Housing Institute, at which time the deadlines and application platforms will open for young people between 18 and 35 years of age to access these direct aid payments for their monthly rent or rooms.
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