The arrival of Cyclone Yaku has left a total of 27,843 houses affected, 2,148 uninhabitable buildings and 1,521 houses destroyed. In addition, there is a high probability of a El Niño phenomenon In our country.
Given this current scenario, the Government has been preparing measures to care for affected families and close the housing deficit in Peru. Currently, there are more than a million people who do not have a property or live in suboptimal conditions.
Expand housing offer
According to the head of the Ministry of Economy and Finance (MEF), Alex Contreras, the measures aim to speed up the construction of social housing. For this reason, the budgets of the Mivivienda and Techo Propio Fund will be increased, which currently amounts to S/1,200 million.
“What we are going to do is allocate additional resources to the bonds of both the Mivivienda Fund and Techo Propio, so that we can advance in closing gaps. (We will give) incentives for construction, incentives so that citizens can have decent homes and there has to be a population relocation strategy,” the official told local media.
In addition to the larger budget that would be given for the delivery of housing bonds, the MEF -in coordination with the Ministry of HousingConstruction and Sanitation (MVCS)- would be evaluating the possibility of subsidizing interest rates on mortgage loans so that more families can access housing.
real estate Experts indicate that more resources should be provided for housing bonds to reduce the housing deficit. Photo: diffusion
“We are going to be very aggressive in promoting social housing, in giving advantages on the side of good payer bonds. We are also evaluating the possibility of granting interest rate subsidies so that homeless people, citizens who live exposed to streams, to the overflow of rivers, can have a home in safe areas and with basic services,” said Contreras Miranda.
For the president of the Peruvian Chamber of Construction (Capeco), Jorge Zapata, these measures that the Executive is analyzing are in the right line, since by providing more resources for the delivery of housing bonds it is a stimulus for real estate developers to build more housing.
Likewise, it seems correct to seek to mitigate the rise in interest rates on mortgage loans through subsidies, since this increase has had an impact on home sales in recent months.
“The traditional mortgage credit is above 10%, the credit through the funding of Mivivienda is at 9.50% or 9.75%, with which the fee for the buyer is high and that is slowing down a bit the market, so any loan subsidy that comes with or without the Good Payer Bonus is welcome,” Zapata told La República.
Call for the Leasing Bond
In the framework of the emergency due to heavy rains, the MVCS launched the first call for the Housing Rental Bond for Emergencies (BAE), which is aimed at 51 potential beneficiaries in the Cieneguilla district, in Lima.
The financial support is S/500 per month, for a maximum period of two years, for those people whose homes were declared collapsed or uninhabitable.
Eligible persons will have seven business days to present the required documentation at the headquarters of the Municipality of Cieneguilla or at the CAC Lima.
Data
Initiative. Congresswoman Digna Calle proposes expanding access to the Family Housing Bonus. More than 51,000 families would benefit.
Gap. Annual demand is 450,000 homes, but supply is 90,500 units.
Source: Larepublica
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