Valenzuela dissolved Procrear and announced a private model to build the houses.

After a meeting with the Minister of Economy, Luis "Toto" Caputo, the libertarian mayor of Tres de Febrero, Diego Valenzuela, announced today the municipalization of what remained of the Procrear plan in his district, with the goal of putting it out to tender and having the market take charge of completing the works.

According to Valenzuela, the objective is to finish the homes started under this failed Kirchnerist program through the intervention of private initiative and credit, leaving behind a model he described as "the greatest social injustice and the most regressive housing policy that has ever existed in the country."

In his statement, the libertarian mayor asserted that Kirchnerism "destroyed the economy" and caused such high inflation that taking out a loan became impossible for most workers.

According to his explanation, Procrear, despite its promise to facilitate access to housing, ended up benefiting activists or those close to power. He also emphasized that the state model of housing construction was insufficient to meet demand, generating inequities and delays in the delivery of housing units.

The mayor stressed that the change in strategy aims for an approach based on economic stability and private sector participation. "There's no better policy for accessing housing than having a stable economy, with low inflation and accessible credit," he stated, linking the closure of the program to the measures implemented by President Javier Milei and his economic team.

The municipalization will allow the works to be put out to tender and the housing developments to be completed, a mechanism that, in addition to speeding up deliveries, will boost the labor market and the sale of construction materials.

The plan announced by the local administration includes the completion of homes in the Martín Coronado area, increasing the number of units from 400 to more than 1,000, with prices more competitive than the market average.

Additionally, new green spaces will be incorporated, which demonstrates an attempt to combine urban development with improvements in residents' quality of life. The mayor emphasized that "the State shouldn't be a builder, but a facilitator," highlighting that the combination of credit and private initiative can bring housing closer to those who truly need it.

This shift in housing policy marks a notable contrast with Procrear, which for more than a decade sought to address Argentina's housing deficit through subsidized loans and state construction. Despite its stated objectives, the program faced cost overruns, delays, construction quality issues, and strong criticism because the beneficiaries weren't always "the most in need."

With the municipalization of the units in Tres de Febrero, Valenzuela's administration seeks to present an alternative model, where housing doesn't depend exclusively on the State and the efficiency of the private sector is prioritized, aiming to expand supply, reduce costs, and generate employment, while abandoning the centralized logic of Kirchnerist programs like Procrear.