Social housing in Peru could take off this 2025 if structural limitations are corrected and normative reforms that favor inclusion are applied.
The Peruvian Construction Chamber (Capeco) has published its 88th Economic Construction Report (IEC). In it, executive director Guido Valdivia stressed that, despite some indications of recovery at the beginning of the year, high levels of uncertainty persist. These risks come mainly from the external context, affected by geopolitical tensions.
However, Valdivia also stated that 2025 could become a positive turning point for social housing in Peru, if adequate regulatory changes are implemented. He criticized the recent segmentation between “social housing” and “really social housing”, since he could leave out families with limited payment, but capable of financing a house with state support.
Structural needs of the housing market
The report highlights an alarming fact: only 60 thousand homes are formally built every year, in front of a demand that exceeds 160 thousand units. This gap reflects the structural obstacles facing the sector.
Among the main obstacles are the lack of urban authorization in state land, the delay in urban plans and the lack of zoning in expansion zones. To this is added the limited availability of the land of peasant communities and poor state management.
Valdivia remarked that these deficiencies must be approached urgently. He recalled that historical projects such as San Felipe and Nicolás de Piérola managed to integrate the middle class into decent spaces. Today, these homes reach a value of up to US $ 100,000, proof of the long -term impact of good planning.
He also pointed out that programs such as “Integral Improvement of Barrios” have lost their comprehensive approach. Instead of structural solutions, they have become isolated works without lasting impact.
Key reforms to close the housing gap
To boost social housing in Peru, a set of deep and coordinated reforms is required. Guido Valdivia proposed concrete measures such as:
- Modify the Sustainable Urban development Law to include a public land operator.
- Promote priority areas with state state resources for access to drinking water.
- Modernize service companies and adjust rates with focused subsidies.
- Digitize in a mandatory way the construction licenses procedures.
- Strengthen the role of the Ministry of Housing in urban planning.
- Approve the transformation of Specico, providing it with efficient and participatory management.
Valdivia also questioned the lack of innovation in the sector. He regretted that Sigico, with more than 300 million available soles, is not fulfilling its research and development function. Finally, he warned that continuing to allow informal growth without basic infrastructure, such as drinking water, is unacceptable. He urged to anticipate with proactive planning and management.
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