PS Deputy Requests Full Data on Andorra's Soft Credit Homebuyer Program

Pere Baró, deputy leader of the Social Democratic Party's (PS) parliamentary group and general councillor, has submitted a formal information request to the General Council seeking full details on the government's new "soft credit" guarantee programme for first-time homebuyers.

Launched to assist individuals facing growing barriers to purchasing apartments amid Andorra's housing crisis, the initiative offers loan guarantees to targeted groups including young people and middle- or low-income families. Baró's request aims to assess the programme's real-world scope and whether it is effectively reaching those intended beneficiaries.

In his statement, Baró called for comprehensive tracking data, including the total number of applications received, how many were admitted and approved, the number of rejections and their specific reasons, and the number of transactions completed so far.

He also demanded basic profiles of applicants and approved recipients, with breakdowns by age brackets, family composition, parish of residence, and household income distribution for both applicants and those granted credit.

Further details requested cover the value of financed properties in approved cases—by ranges and averages—as well as loan amounts granted, segmented by value brackets with corresponding averages.

Baró stressed that this information is crucial to evaluate whether the programme delivers a genuine solution to the country's housing access challenges or amounts to a limited measure failing to meet the needs of much of the population, particularly youth and families with moderate or low incomes.

No government response to the request has been reported.