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7h ago

Argentina Transfers Unfinished Housing Works to Provinces, ProCreAr Coverage Disputed

The handover comes without matching funds, leaving local governments to decide whether to finish stalled works.

Un proyecto innovador de viviendas bioclimáticas en Junin.
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Overview

  • Economy Ministry Resolution 1199/25, published Wednesday in the Official Gazette, sets a mechanism for provinces and municipalities to take over incomplete national housing projects.
  • National official Federico Sturzenegger said the rule unblocks transfers including ProCreAr works, but Santa Fe housing secretary Lucas Crivelli stated ProCreAr sites are not covered and remain halted.
  • The measure shifts responsibilities without equivalent financing, and Santa Fe officials warn that projects under 50% progress would require new agreements and could remain in limbo if local resources are lacking.
  • Santa Fe reports 815 homes from national plans left unfinished after the transition, with about 200 reactivated using provincial funds, while other ProCreAr developments in the capital city remain paralyzed.
  • El Ancasti reports the resolution signed by Luis Caputo deactivates 15 housing programs and subprograms as industry estimates a 3.24 million-home deficit and critics say UVA/UVI loans are inadequate in high inflation.