Official Government PRTR announcement dated 2 September 2026 says applications can be presented from 1 September 2026 for ICO direct protected affordable-rental finance. Three modes cover development, stabilised investment holding, and combined development/long-term holding. Development and mixed modes may include a non-repayable viability-gap component; this is conditional, not a blanket grant. Investor loans are on market terms.
No fixed applicant cap or cooperative entitlement is asserted here: the linked general-conditions documents determine operator/project eligibility, security, rents and tenure; the three official PDFs were subsequently retrieved directly and analysed in es-ico-espana-crece-modalidad-i, es-ico-espana-crece-modalidad-ii and es-ico-espana-crece-modalidad-iii. Their borrower gate is a Spanish exclusive-purpose capital-company SPV; direct cooperative borrowing must not be inferred. Credit approval and resource availability remain decisive. This note records a verified financing route rather than a fully checked offer for a cohousing cooperative.
Contact ICO’s housing-social financing team through the official page for the current general conditions and application route; the ICO Online page now links an electronic application route. Verify the actual mode before assuming a use-right cooperative meets an affordable-rental product.