Publication of Law 21,450 on Social Integration in Real Estate

On May 27 se publicó en el D.O. la Law 21,450 on Social Integration in Urban Planning, Land Management and Emergency Housing Plan was published in the Official Gazette , which amends several legal bodies, as follows:

1. Law No. 16,391 , which creates the Ministry of Housing and Urban Planning, insofar as it specifies its powers with respect to the country’s housing and urban policy.

2. DL N° 1.305 which restructures and regionalizes the Ministry of Housing and Urbanism, insofar as it grants more powers to the Seremi of Housing and Urbanism with respect to territorial planning instruments (communal and intercommunal).

3.  Ley General de Urbanismo y Construcciones, insofar as:

• Incorporates matters related to social integration to the territorial planning instruments.
• It modifies the use of equipment and residential land for lodging, in the sense of understanding as a complementary destination to the use of residential land, and therefore always admitted, the sports establishments of neighborhood scale, day centers for the elderly, long stay establishments for the elderly.
• It opens regulatory incentives to more cases, as well as planning conditions.
• It creates a new Chapter VIII called On the regeneration of highly segregated or deteriorated neighborhoods or social housing complexes, granting a series of powers to MINVU to prepare and execute a Master Plan for the regeneration of vulnerable neighborhoods.

A lo anterior se agrega que it approves until December 31, 2025 the Law on Land Management for Social and Urban Integration and Emergency Housing Plan, a legal norm that empowers the MINVU to finance with part of its budget preliminary studies and the acquisition of land by the Serviu for urban integration projects, according to the norms it indicates.

Finally, we must point out that this Law has no transitory rules, so all its provisions are in force in actum, that is, from the moment of its publication today.