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The City Council will extend the bonus ICIO for the construction of subsidized housing to 90 percent (27/10/2009)

Through this initiative local residents can save up to 1,200 euros in the purchase of your new home protected

Totana City Council extend the tax rebate Facilities, Buildings and Works (ICIO) for the construction of subsidized housing to 90 percent to facilitate access to housing in the town and help the construction industry, being the hardest hit by the economic crisis.

The Mayor of Totana, José Martínez Andreo, recalled that at the July plenary adopted to reclaim 50 percent of ICIO for the construction of subsidized housing, but after a meeting with the directors of the Association of Entrepreneurs Construction (AEMC) has agreed to establish a collaboration agreement to reach 90 percent in the reduction of the tax.

In this sense, the mayor of Town Planning, Finance and Procurement, Bartholomew Pallares, explained that this new measure will save up to 1,200 euros in the acquisition of housing, which will affect the purchase price, so that people want to acquire a building of VPO directly benefit from the aid-led municipal government team.

Pallares has indicated that this measure will be implemented on January 1, 2010, and which will include a budget of 100,000 euros which will allow 120 families to purchase a home for a lower price.

Yet the mayor, said that one of the priorities of the government team is to revive the productive sectors as they are the engine of the economy totanera.

For its part, the mayor has realized agreements and measures to be put in place after holding meeting with AEMC, most notably the official presentation of the hand of the Autonomous Regional Housing Plan through which will offer different incentives for the rehabilitation of housing, which this year have increased fivefold.

Tips for buying a home

Moreover, as explained Martínez Andreo, will start a promotional campaign on the advice and recommendations to the city to the purchase of your new home.

In this regard, he indicated that now is the time to buy property because in June next year the amount of VAT home value will go up two points, as we just adopted by the Government.

In addition, the Government has also abolished the law that first home and deduct from June 2010 income exceeding 24,000 euros to the tax may not deduct for your first home, which will mean a great inconvenience to the public and industry construction.

It has also established new channels for collaboration with NCSA and the Association Buenaventura Totana firms carry more weight in the construction of public works in the municipality.

Source: Ayuntamiento de Totana. Fotos: Totana.com y Ayto.

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