ICO mixed development/holding finance accepts applications 1 September 2026–31 December 2035 unless earlier published resource exhaustion. Art 6 requires exclusive-purpose Spanish capital-company SPV: one integrated promoter/holder or a same-group developer and holder. A cooperative’s own legal form is not an eligible capital company. The group must prove development, management and financial capacity; comparable completed projects in the last 10 years normally apply, with a reasoned allowance for experienced contracted teams.
Loan maximum 35 years, including 7-year principal grace and up to 28 years amortisation. Any nonrepayable viability-gap component is conditional loan principal awaiting forgiveness, not a guaranteed grant; financial ratios, works certifications, protection, monitoring and state-aid controls apply. Affordable-rental operation and land-title/security duration remain mandatory; protection lasts loan life and at least 20 years, with permanent protection in specified assisted/mixed cases.
Apply through ICO electronic procedure with the selected mode’s business plan, title, environmental evidence and financing structure. Borrower approval is project-specific; this route is most relevant to a separately eligible project company, never assumed direct cooperative funding.