Through the initiative, the State will cover an amount close to 590 million dollars, something that was questioned again by the president of the BHU, Casilda Echevarría, who pointed out against some modifications of the project approved in committee.
The text, considered serious and urgent, was validated today by the Senate after last night the House of Representatives, after some last minute modifications were made, so it must now be promulgated by the Power Executive.
“It’s law. 24,000 families will have peace this holiday season and a better quality of life. Their homes are safe. “Justice was done,” the senator from the state expressed from his social networks. Colorado Party, Germán Coutinho, one of the promoters of the initiative.
Who benefits from the new law?
The restructuring It will benefit individuals with loans that have been granted before January 1, 2009 and up to $80,000 for the acquisition, construction or repair of their own home. As a requirement, they will have to be up to date with the national and departmental taxes on the property.
Among the 24,000 debtors those who have taken out a loan more than 40 years and have paid 110 installments in the previous ten years. This group will have their debt extinguished.
Meanwhile, those who have a credit of more than 30 years, That is, prior to December 31, 1993, they will have a debt with an annual rate of 0%. From that date until December 31, 2008, the interest rate will be fixed and 2.5% or the corresponding rate by contract, in the event that it is lower.
The questions of the Mortgage Bank
The head of the BHU, Casilda Echevarría, was one of the main critics of the project. From X’s account of him, he questioned that there was “a very long discussion in Deputies to include in the forgiveness of UR debtors those who have paid at least 35% of the credit, lowering the 50% that came from Commission” and observed: “What sense does it have if, according to the debtors themselves, they had all paid the debt several times? Queer…”.
Along these lines, the leader maintained that “it is established in Deputies that those who had acquired a property for 80,000 dollars, at today’s values 300,000, are exonerated from the balance upon turning 40 years old.” “Where is the focus with social criteria?” he questioned and pointed out that “the Commission came with a real estate limit of $180,000 in today’s value.” And he concluded: “I wonder what debtors in UR were included with this flexibility…”,
Source: Ambito
