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Peru Weighs Housing Bonus for Recent Graduates With Formal Incomes

Officials focus on channeling the aid through existing programs, mindful of housing supply constraints.

Overview

  • The Housing Ministry said it is evaluating a non‑repayable subsidy to help recent graduates buy a first home, with Minister Wilder Sifuentes outlining ongoing design work.
  • The proposed benefit would complement existing schemes such as Fondo MIVIVIENDA, Techo Propio and Nuevo Crédito MiVivienda to leverage established financing channels.
  • No launch date, budget or definitive rules have been set, as teams assess viability, funding and the delivery mechanism.
  • Early criteria under discussion include being a recent graduate with verifiable formal income, seeking a first new or in‑project home, and not having received other state housing aid.
  • Stakeholders highlight lessons from the underperforming ‘bono renta joven’ and stress limited housing supply despite strong youth demand, including a large national housing deficit.