The approval for the classification gets a one-month period under way for Cevasa-Neinor to provide all the documentation in the technical specifications from the tendering process, so that the award can be made official and the mixed company constituted.

The resolution of this process will mean an important step forward in resources for the production of housing with affordable rents. At least 4,500 homes will have to be built in the next few years, 2,250 in Barcelona and 2,250 in the rest of the municipalities making up the Barcelona metropolitan area. In all, the three partners will provide over 103 million euros in capital.

HMB, a pioneering model in the state

Habitatge Metròpolis Barcelona is a new model of public-private collaboration to address the lack of protected housing with affordable rents. The private partners will work on the basis of below-market profits and share income equally with the public partners. The idea is to get the private property sector involved in investments with a social impact which satisfy public interests and the social function of housing.