Sergio Massa promised to launch a million mortgage loans if he becomes President

The Minister of Economy and presidential candidate of Unión por la Patria, Sergio Massa, gave an account this Wednesday of the policies he will carry out in terms of Housing if he wins next Sunday’s runoff. In this sense, he announced the launch of one million mortgage loans from January 1, 2024.

“We are going to launch one million new mortgage loans in Argentina starting January 1,” the minister said during a television interview, 4 days before the elections.

In this sense, he explained that the new instruments will be tied to the salary variation coefficient. This means that the value of the quotas will be modified not by inflation, but with the salary adjustment of the beneficiaries.

UVA credits: suspension for 180 days

Massa also indicated that he prepared a proposal to help the more than 320,000 Argentines who obtained UVA credits during the government of the former president Mauricio Macri and whose Fees were tied to inflation.

“I have already made a proposal that is being studied by Banco Nación and Banco Provincia to suspend the payment of installments for 180 days and restart those contracts tied to the salary variation coefficient so that all those beneficiaries of UVA credit can rechannel that credit.”held.

Massa announced that he will facilitate access to rentals

Earlier, Sergio Massa anticipated a policy that will facilitate access to rentals through a guarantee of National Bankwhich will be implemented from December 2023.

Regarding this, he stated that there will be “surety insurance for the Insurance Nationfrom the National Bankwith four objective audiences: single women with children, young marriages, young people who come from the interior to study y Contract renewal“.

“The surety bond The citizen does not have to put it but a Guarantee Fund that he Ministry of Economy has,” said the presidential candidate and explained that the measure was agreed upon “with several Real Estate Chambers and how is it collateral from Banco Naciónthey would automatically take it.”

The new project will be aimed at those who cannot obtain a proprietary warranty, so they will have access to free surety insurance. It will be directed to young people under 30 years old, young marriagesstudents and mothers with sons and will be processed through the National Bank. The insurance will be accompanied by a loan for 36 months at half the rate, for first 90 days of rental.

Both measures, as stated Sergio Massa“they will allow that, if you already had saved the renewal silver, you can use it for paint, refrigerator or furniture. And also for single women, because many times the woman is left in a defenseless situation when a relationship ends.”