La Caixa social investment has reached a new milestone, with the foundation agreeing to allocate €250 million to projects across Catalonia in partnership with the regional government.
This significant commitment, formalised on Monday, represents an 11% increase from the previous €225 million agreement.
Furthermore, the total forms part of a record €655 million that La Caixa is dedicating to social projects this year.
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The foundation’s president, Isidre Fainé, stated the goal is to “enhance the most transformative projects, dedicated to fostering equal opportunities.”
Strategic Focus of the La Caixa Social Investment
Of the total €250 million, €99 million is specifically earmarked for social programmes targeting the most vulnerable groups. Consequently, key priorities include combating child poverty, promoting active and healthy ageing, and supporting people with advanced illnesses.
Additionally, the agreement aims to improve the living and working conditions of people with disabilities or at risk of exclusion. This strategic focus aligns with broader regional efforts to address social challenges, as seen in recent Catalan government funding for municipalities.
Beyond social programmes, the pact also includes funding for cultural initiatives, research, and scholarships. Another strategic priority is the creation of the CaixaResearch Institute, whose building is scheduled to open in 2026.
President Fainé emphasised that all projects are “centred on contributing to the progress of Catalonia and the well-being of Catalans in the short, medium and long term.” Meanwhile, Catalan President Salvador Illa stated the agreement responds to the government’s priority of “promoting equal opportunities, generating prosperity and sharing it.”
A Key Partner in Housing Policy
The partnership extends beyond direct funding. Through its subsidiary Inmocaixa, La Caixa has become a major ally for the Generalitat’s housing policy. Recently, it sold 1,064 flats to the Catalan administration for €87.2 million, which will become part of the public, affordable rental stock.
The first such operation, involving 450 homes, was initiated by the previous government led by Pere Aragonès. Two subsequent transactions, for 214 and 179 homes, have been finalised recently. Therefore, the collaboration has resulted in nearly 2,000 additional homes for the public housing park, addressing critical needs in a region where Barcelona tops rankings of Spain’s most expensive cities.
This substantial La Caixa social investment underscores a deepening collaboration between a major financial foundation and public institutions. The agreement, as reported by Ara, ultimately seeks to build a fairer and more equal Catalonia through targeted, transformative action.
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