Venezuela enacts special housing rental law to aid quake‑displaced families

Venezuela housing law earthquake relief rental market subsidies

The Venezuelan National Assembly unanimously approved a new Law on the Special Regime for Housing Leases, a 27‑article bill that was sent to acting President Delcy Rodríguez for promulgation. The legislation creates a distinct legal framework for residential rentals, limiting eviction orders to municipal courts or arbitration tribunals and providing mediation options. It also sets penalties for non‑payment of rent or utilities for three consecutive periods and outlines procedures for early contract termination.

In parallel, the government has begun delivering housing relief after the June 24 earthquakes, handing over 87 newly built homes and announcing a plan to provide at least 4,000 houses before the end of the year. An 80 % subsidy will cover homes up to US$70,000, with beneficiaries financing the remaining 20 % through a 25‑year credit. The new law is projected to add roughly 400,000 units to the rental market, aiming to stimulate construction, protect both tenants and landlords, and address the acute housing shortage caused by the disaster.

Entities: Cámara Inmobiliaria Metropolitana de Caracas · Delcy Rodríguez · Ervin Castillo · Fernando Di Geronimo · Jorge Rodríguez · Juan Eduardo Prieto · Karlfranz Koehler · Katherine Núñez · La Guaira · National Assembly of Venezuela · Pedro Álvarez‑Salamanca · Special Regime for Housing Leases Law

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

[○ 1 SOURCE] The new law is expected to add roughly 400,000 homes to the rental market. (Law proponents)
[○ 1 SOURCE] The Venezuelan government delivered 87 new houses to families affected by the June 24 earthquake. (Venezuelan government)
[● 3 SOURCES] The Venezuelan National Assembly unanimously approved the Law on the Special Regime for Housing Leases on July 31. (National Assembly of Venezuela)
[○ 1 SOURCE] Eviction orders for residential leases can only be issued by municipal courts or arbitration courts. (Law text)
[● 2 SOURCES] The law aims to protect both tenants and landlords and stimulate construction. (Law text and supporters)
[○ 1 SOURCE] The law contains 27 articles and establishes a single transitional provision. (National Assembly of Venezuela)
[○ 1 SOURCE] The state will subsidize 80 % of the cost for homes up to US$70,000, with beneficiaries paying the remaining 20 % via a 25‑year credit. (Venezuelan government)
[○ 1 SOURCE] The government plans to allocate at least 4,000 houses before the end of the year. (Venezuelan government)