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| Social Services launches the second campaign 'Rent Insurance' to favor the rental housing market | The Cartagena City Council, through the Department of Social Services, has deployed the second campaign 'Rent Safe', with the aim of encouraging small landlords to take their homes to the market, with the security that the City Council will pay for an insurance that covers possible non-payments, acts of vandalism and legal assistance. With this measure, the City Council continues with its intention to influence the housing market by promoting a greater supply of rental properties, especially those that could be offered with an affordable rent to people with housing needs. The Deputy Mayor and Councilor for Social Services, Noelia Arroyo, explained that â € œthe Housing Assistance and Intermediation Service (SAVI) is once again acting as a bridge between families who want to rent and do not dare and families who need housing and they do not find it) with low incomes that cannot afford to pay for any house on the market. The campaign, aimed at both landlords and tenants, includes in this edition real estate agencies as a driving vehicle to get the largest number of homes on the market and with current prices. â € œBoth the landlord and the tenant will have the backing of the Cartagena City Council, which will be in charge of fully covering the housing insurance costs for the duration of the lease.

It is a way of giving more guarantees to both who is renting their home, either directly or through a real estate agency, and for whoever rents it, â € ?? explained Noelia Arroyo. The real estate agencies that join will receive a shield as a collaborating agent as an adhesive label, which recognizes the mutual help they provide with the City Council and the quality of their work. The SAVI, together with the real estate agencies, will be in charge of selecting the families in charge of renting the homes, determining their reliability.

To date, there are 12 active policies, formalized between 2019 and 2020.

Of these feasibility studies carried out, only 3 proposals were rejected, and of the policies in force, no claim has been detected, and therefore, no default situation. For the second edition of the campaign, 15,000 euros will be allocated, to obtain between 40 and 45 rental homes, which directly benefit about 300 citizens.

The contracts must have a duration of more than 12 months, and the cost of housing may not exceed 45% of the income of the families that are going to rent. The campaign will be developed through billboards, billboards, radio spots and through social networks.

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Source: Ayuntamiento de Cartagena