He DS1 Subsidyoffered by the Ministry of Housing and Urban Planning (Minvu), is financial aid that can grant up to 2,600 UF, which is equivalent to more than 98 million pesos, for the purchase or construction of a home. This benefit is of great relevance for those seeking to access their own home in Chile. At this time, interested parties are eagerly awaiting the second national call to apply for this subsidy, which will open new opportunities to acquire a property.
Although the Minvu has not yet announced the exact date for the second call, a fundamental deadline to apply is already known: October 30 at 2:00 p.m. For that day and time, applicants must have the minimum required savings in their housing savings account. This is one of the most important requirements for those who wish to access the subsidy, since it ensures that applicants have a financial basis to advance in the acquisition of their home.
The application process for DS1 Subsidy It is structured in sections, and the minimum amount of savings necessary will depend on the type of home you want to buy or build. For the purchase of a new or used home, the amounts are: 30 UF (approximately 1,140,000 pesos) for Tranche 1, 40 UF (around 1,519,000 pesos) for Tranche 2, and 80 UF (approximately 3,038. 000 pesos) for Tranche 3. Each tranche has different conditions regarding the income and characteristics of the applicant.
In the case of those who wish to build a dwelling on their own site or participate in property densification projects, the minimum savings varies between 30 UF (1,140,000 pesos) for Section 2 and 50 UF (1,899,000 pesos) for Section 3. These requirements ensure that applicants are in a position to carry out their housing projects, whether through the purchase of a property or construction on their own land.
Although the official date to start applications has not yet been confirmed by the Minvuthe process is expected to begin on November 21, according to information from the Social Registry of Households (RSH). If the usual deadlines are maintained, the results of these applications would be announced in March of next year, which gives applicants a waiting period to receive news about the award of the subsidy.
