La Caixa agrees with the Government on a social investment of 250 million
Of the amount for the current fiscal year, which increases by 11%, 99 million are for programs for the most vulnerable groups.
BarcelonaThe La Caixa Foundation is allocating €250 million to social investment this year, according to an agreement signed this Monday between the foundation's president, Isidre Fainé, and the president of the Generalitat (the Catalan government), Salvador Illa. The previous agreement was for €225 million, representing an increase of approximately 11%. Of the total amount, €99 million will be allocated to the foundation's social programs, especially those aimed at the most vulnerable groups. Funding is also included for cultural and research initiatives, as well as scholarships. The amount agreed upon with the Generalitat is part of the €655 million that La Caixa is allocating to social projects this year, the highest amount in its history. After signing the agreement, Fainé explained that the objective is "to strengthen the most transformative projects, dedicated to promoting equal opportunities." "Another strategic priority is the creation of the CaixaResearch Institute, whose building will be inaugurated in 2026. All these projects are focused on contributing to the progress of Catalonia and the well-being of Catalans in the short, medium, and long term," he stated.
For his part, the President of the Generalitat has stated that this agreement "responds to the Government's priority of promoting equal opportunities, generating prosperity and sharing it, in order to continue building a fairer and more equitable Catalonia."
Among the basic objectives set out in the agreement are the fight against child poverty, the promotion of active and healthy aging, care for people with advanced illnesses, and the improvement of the working and living conditions of people with disabilities or at risk of exclusion. In addition to these lines of action, the agreement also includes initiatives in the cultural and research fields, as well as scholarships.
La Caixa, through Criteria's subsidiary Inmocaixa (the group's investment arm) has also become one of the Catalan government's key allies in housing policy. It recently sold 1,064 apartments to the Catalan administration for €87.2 million, which will become public housing and affordable rental properties. The first transaction of this type, involving 450 homes, was initiated by the previous government, led by Pere Aragonès, while the other two, for 214 and 179 homes respectively, were finalized recently. In total, the partnership between the Catalan administration and Inmocaixa has resulted in almost 2,000 additional homes for the public housing stock.