Housing Policy

June 16th, 2014 by Rosemary
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The draft law on emergency housing policy contemplates a series of measures which will tend to resolve in the medium and long term, the housing shortage that affects the vast majority of the Venezuelan population. Within the measures provided for include the following: occupation of urban land than for the construction of housing units on land suitable for the development of a housing policy that is for the benefit of the users of the system. The development and planning of self-construction, expansion and improvements to housing in combination with the communities. Regulation of the production of construction inputs as well as the regulation of the prices of the material raw material for the development of social interest housing. Stimulate small and medium-sized enterprises to allocate its resources to the mass production of housing units. Seek financing mechanisms in terms of accessibility to the most needy families. Policy for the award of free shaped housing for families who do not qualify for the credits of housing policy. This instrument seeks the involvement of non-productive urban or estate land or that they are being underutilized destined to the development of a massive housing policy.

The affected goods are as follows: buildings and land owned by the Republic, municipal land and Ejidos, estate private idle and land uncultivated. A series of fiscal stimulus establishes the draft law of VAT and tax on income for productive entities. The Presidency of the Republic will be commissioned to direct the rectory of this Act, creating the National Institute of urban land and housing. The law contemplates the possibility of total or partial subsidy for people in need of housing, which must claim the benefit taking into account the following requirements: identity card, RIF, affidavit of not having housing, hire purchase option sale, among others. Similarly, the project Bill envisaged a series of modifications to the contribution of the housing policy system to thus increase the amount of mortgage loans, thus adjusting appropriations to a changing reality that has been affecting users of the system who could not buy property with the amounts that are granted for the acquisition of main house so far due to inflation. This is how it is established that the amount of funding may be between one hundred and six hundred minimum wages. This way to settle for minimum wages, the amount of mortgage loans will be adjusted to the extent that change the value of the minimum wage. However the benefits of this law, it is necessary that all the productive sectors of society join so that the housing problem is resolved, taking into account the sectors of construction, the producers of inputs and raw materials, financial institutions and government bodies to bring about concerted action in the field of housing policy for so give a solution in the medium and long term and that the population sees satisfied the need for decent housing.

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