The greatest dynamism that he received investment in promoted housing (former Social Housing) —after the first year of modification of Law 18,795 in April 2020—continued to consolidate to date. Initially, between April 23, 2020 and March 11, 2021, 132 investment initiatives with 4,127 units had been presented. Meanwhile, the new official figures to which he agreed The Observer show that almost a year later, 299 projects have been presented with a total of 8,955 units.
In relation to the total investment, it can be estimate the total budgeted investmentwhich is the one presented by the private promoters who develop the projects and which amounts to approximately 9,750 million indexed units (about US$ 1,181 million at current values), according to data provided by the National Housing Agency (ANV). This investment budgeted total includes the work budget, social contributions and the value of the land.
Of the total homes presented, one-bedroom units are 4,383, and represent 49% of active dwellings. Meanwhile, the Studio apartments are 881, and represent 10% of the total. The remaining 41% corresponds to units with two and three bedrooms.
Among other changes, The new regulation eliminated the maximum sales prices and enabled the construction of one-bedroom units without restrictions.s within the same building (previously half of the units had to have two or more bedrooms). The promotion of studio apartments from 25 to 40 square meters was also incorporated.
Currently this type of housing can be included in up to 25% of new construction and expansion projects. And there is no restriction for renovation or recycling works. Even before the legal modification, there were buildings that had included this modality even when they did not have tax benefits.
National Housing Agency
The most protagonist interior
On the other hand, a little more dynamism is also registered in the interior of the country and in places of the territory that previously had not had initiatives. Although the trend continues predominance of Montevideo, the participation grows, for example, of Canelones that reaches 16% of the total with 48 projects, compared to 8% in previous regulations.
Of the 299 projects entered200 are located in Montevideo and 99 in the rest of the country, distributed as follows: 48 in Canelones, 19 in Maldonado, 8 in Paysandú, 5 in Florida, 3 in Colonia, Durazno, Salto and Soriano, 2 in Flores and Tacuarembó and 1 in Cerro Largo, Lavalleja and San José.
The new regulation eliminated the maximum prices for the sale of homes located in the interior of the countrywhich They were capped from the beginning of the program. Originally that reached 100% of the homes that could be promoted and later the price ceiling had been lowered to 20%. These conditions, according to the promoters, led to the fact that several departments were not built directly and that in others the number of projects was very small.
On the other hand, of the 299 projects entered after April 2020 that have a promotional declaration, 133 have already started with the works, and 11 have already finished.
The availability of properties built under the promoted housing regime is extensive and will continue to be consolidated as the buildings under construction are completed. At the end of 2021 the total number of homes completed was 14,809, while another 7,661 were under construction.
