The Municipality of Montevideo (IM) opened a new call to access program loans “Improve your home”an initiative that finances renovation and maintenance works for homes located in different areas of the capital.
The Registration will be open between July 1 and 31 and correspond to the second call for the Central Areas of Montevideo, which cover sectors of the municipalities B, C, CH, D and E.
What is the “Improve your home” program?
The program is aimed at homeowners and other authorized owners who need to carry out maintenance works or improvements to their homes due to deterioration due to the passage of time or due to financial difficulties in making repairs.
In addition to the loan, those who are beneficiaries will receive technical advice by the Municipality to plan and execute the works.
Among the works that can be financed are:
- Renovation of bathrooms and kitchens.
- Repair or replacement of floors.
- Painting and plastering.
- Treatment of humidity and waterproofing of walls and roofs.
- Recovery and painting of facades.
- Connection to sanitation.
- Repair of common areas in buildings.
- Path arrangement.
In some cases, the IMM may grant subsidies for works on facadeswhen determined by the technical team.
How much are the loans?
The maximum amounts planned are:
- Up to $268,000 for individual homes or apartments.
- Up to $1,625,000 for horizontal and cooperative properties, with a limit of $216,000 per housing unit.
Who can access
To apply, it is necessary to meet, among others, these requirements:
- Be owner, promisor, purchaser with registered promise or holder of succession rights. The tenants and usufructuaries must have the owner’s authorization.
- Have a family income of between 20 and 100 Resettable Units (UR).
- Stay up to date with the Real Estate ContributionHousehold Taxes, Sanitation Rates and the services of OSE, UTE and Antel.
- That the property is intended for housing.
People older than 70 years They must present a joint signature of a person under that age.
How to register
Registrations can be made between July 1st and 31st by any of these means:
- In person in the Municipality of Montevideo (Av. 18 de Julio 1360, 10th floor), from Monday to Friday between 10:15 and 15:45.
- In the Ciudad Vieja Urban Rehabilitation Office (Pérez Castellanos 1542 corner Piedras), on Wednesdays and Fridays at the same time.
- By email, writing to (email protected).
Those who wish to make inquiries can also contact 1950internal 4996, 4997, 4998 and 4999.
What documentation must be presented
For individual homes it will be necessary to present:
- Identity card of all people living in the home.
- Proof of income.
- Invoices from OSE, UTE, Antel and, if applicable, common expenses.
- Proof of Real Estate Contribution, Household Taxes and Sanitation Rate.
In the case of horizontal properties, the document of agreement signed by the majority of the co-owners, the ID of the representative and documentation proving that the taxes are up to date must also be presented.
