Community of Madrid Funds New Infrastructure in 142 Small Municipalities with €7 Million
Madrid, March 11 – The Community of Madrid has approved a €7 million allocation to finance the construction of new public infrastructure in municipalities with fewer than 20,000 inhabitants and in associations comprising a minimum of ten local councils. These actions are part of the Municipal Works and Services Cooperation Plan, which will be implemented over the next two years.
The regional government’s Governing Council approved this funding today, which will be managed by the Directorate-General for Territorial Rebalancing, under the Ministry of the Presidency, Justice, and Local Administration. Of the total amount, €5.7 million will be allocated in the current fiscal year, with the remaining €1.4 million designated for 2027. Since its inception, this program has facilitated the execution of 207 interventions across the region.
Plan Details and Beneficiaries
The plan is set to benefit 142 municipalities, in addition to municipal associations formed by at least ten localities. Each individual town will be able to undertake one intervention with a maximum budget of €150,000, while municipal groupings can receive up to €300,000.
For populations under 5,000 inhabitants and for municipal associations, the funding will cover 100% of the project cost. For municipalities with populations between 5,000 and 20,000 residents, the financing will cover 80% of the cost.
Types of Actions Eligible for Funding
The types of projects eligible for subsidies include:
- Investments in infrastructure or the acquisition of properties.
- Demolition works of publicly owned constructions within urban areas intended for the subsequent provision of basic services.
- Conservation works on buildings used for health centers, educational facilities, or sports venues.
- Projects related to the elimination of architectural barriers and accessibility improvements.
This comprehensive plan aims to address various needs within the smaller municipalities, enhancing the quality of public services and improving the living conditions for their residents. The focus on accessibility and essential services underscores the regional government’s commitment to equitable development across the Community of Madrid.
The initiative is expected to stimulate local economies by creating jobs and improving public facilities, making these smaller towns more attractive places to live and work. The structured approach, with varying funding percentages based on population size, ensures that resources are allocated effectively to support the most pressing needs.
The Community of Madrid continues to prioritize regional rebalancing, ensuring that all its municipalities, regardless of their size, have access to modern and efficient public infrastructure. This investment is a testament to the ongoing efforts to foster sustainable growth and enhance the well-being of citizens throughout the region.