The Government has approved this Tuesday in the Council of Ministers the young rent bonus for those under 35 years of age, of 250 euros per month, although the definitive criteria will be set at the next sectoral conference between the Ministry of Transport, Mobility and Urban Agency ( Mitma) and the autonomous communities, as pointed out by the Mitma minister, Raquel Sánchez, according to OTR Press.

In the press conference after the Council of Ministers, Sánchez indicated that the period to apply for this aid will open within “a month and a half or two months maximum”, although it will be retroactive from January 1.

Applicants must be between 18 and 35 years old, their income cannot exceed three times the IPREM, and the rental income must not exceed 600 euros per month, although it can be increased to 900 euros in the most stressed areas, according to The minister has detailed, specifying that the measure will benefit some 70,000 young people.

This bonus, which will be granted for a period of two years, will be compatible with other aid from the autonomous communities, provided that it does not exceed “40% of the rental income, discounting the bonus”, the minister specified.

The youth rental bonus includes aid for both the rental of flats and rooms. As for the rental of rooms, the rent will be 300 euros, extended “in certain cases” up to 450 euros.

The bonus will be 250 euros per month for a period of up to two years. This amount can be complemented with other aid from the State Housing Plan 2022-2025, also approved in the Council of Ministers this Tuesday, and which is endowed with more than 1,700 million euros.

The Minister of Transport, Mobility and Urban Agency, Raquel Sánchez, explains the scope of the youth voucher. Photo: Pool Moncloa/Borja Puig de la Bellacasa.