Politics
Buenos Aires Expands Housing Access With Three New Rental Programs
The Housing Institute for the City manages Individual Credits under Law 341, Primera Casa B.A. and Alquilar se Puede while three new rental programs extend options to neighborhoods outside the Microcentro.
How we reported this
The Housing Institute for the City (IVC) manages three core programs that directly affect residents seeking stable housing: Individual Credits under Law 341 for emergency cases, Primera Casa B.A. for permanent home acquisition through Banco Ciudad, and Alquilar se Puede to provide rental guarantees for tenants without collateral.
Programs Under Law 341 and Their Reach
The Self-managed Housing Act (Law 341) allows low-income groups to manage public resources through soft mortgage loans. The Self-managed Housing Program (PAV) has produced 1,261 cooperative units since 2000. These provisions target households that lack adequate housing or essential infrastructure, a situation affecting more than 3.2 million households across Argentina.
Rents in Buenos Aires reached 72 percent of average formal income in 2023, nearly double historic levels, amid inflation that surpassed 200 percent and a devalued peso late that year. The programs address this pressure by offering guarantees and acquisition pathways that reduce reliance on traditional collateral requirements.
Expanded Rental Options Beyond the City Center
The capital city launched three new programs to facilitate rentals in neighborhoods outside the Microcentro. These initiatives extend housing access to areas beyond the central business district, where many residents work or seek services.
For local households, the measures mean practical routes to secure rental agreements or cooperative ownership without the full burden of upfront guarantees. Residents facing emergency housing needs can apply for Individual Credits, while those pursuing permanent ownership may use Primera Casa B.A. Tenants without collateral gain support through Alquilar se Puede.
The government expects these programs to continue assisting low-income groups by channeling resources into cooperative production and rental facilitation. Further implementation details will be released through the Housing Institute for the City as applications proceed.