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December 25, 2021
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Moreira regrets the decision of the Economy and to stop the trust for housing financing

Moreira regrets the decision of the Economy and to stop the trust for housing financing


Minister of Housing, Irene Moreira.
Minister of Housing, Irene Moreira.

In the last hours, Busca reported that the Ministry of Economy and Finance decided to stop the creation of a trust to finance the Housing Plan.

As a result, the Minister of Housing, Irene Moreira, told 970 Noticias that the Economy decision “is a small detail”, but anyway “it changes the rules of the game.”

“We have to shuffle and give again; that is to say, to speak again with the promoters and with the banks, telling them that the State will come out of guarantee ”, indicated the Secretary of State.

Housing deficit

Moreira remarked that “there is a very large housing deficit” since he took office as Secretary of State, “which is between 60,000 and 70,000 homes.”

“We have put a lot of imagination to try to have all the necessary items to be able to face this situation and try to reduce the housing deficit to the minimum possible. For that we present in the Accountability a trust. It was approved by the Budget Law, so that is in force. We are at the stage of regulation and the decree, to be able to start working, “he said.

She regretted that the times of the State are not what she wants, and the need demands.

“Now, Economía has wanted to create a system of guarantees tailored to ‘Between All’, and we are at this stage of adjusting what we already had with the new proposal, but the important thing is that we never stop working,” he added.

He explained that the proposal of the Ministry of Housing was that of a private public participation in which the State would participate through its Secretary of State with “two thirds of the value of the project and the private developer with a minimum of one third of the total.”

While the Economics proposal is that instead of having an economic participation of the State, “the State participates as guarantor, that is why it is the private guarantee system.”



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