Overview
- The presidential bill to amend Articles 1, 2, 4, 5, 16, 19, 48, 56 and 77 of the Housing Law was formally filed and sent to the Chamber’s Housing Commission for analysis.
- It replaces the current standard of “decent and decorous” housing with “adequate housing,” defining accessibility, cultural adequacy, affordability, essential services, materials and infrastructure, habitability, tenure security and location.
- A new Article 56 paragraph would allow housing bodies to acquire, rehabilitate, build or demolish homes; finance self-production; buy or urbanize land; and sell or rent units using their funds to enable cheap, sufficient credit for workers.
- The initiative cites ENIGH 2024 data showing 8,855,733 households—22.8% of the total—face housing deficits, including dirt floors, substandard roofs and walls, and significant aging of the housing stock.
- Policy directives call for coordination across public, social and private sectors and lending institutions to expand supply and financing, noting the market’s failure to serve lower-income households due to high costs, low profitability and limited credit options.