3.000 Grupo Roble Homes in El Salvador

The builder is analyzing the construction of 3.000 social housing units in the next 5 years.

Friday, July 17, 2009

Located on the 10th kilometer of "Carretera de Oro" highway, project "Los Almendros" comprises 400 homes, and construction has started for an additional 50.

"In a nearby lot, the company has developed the second stage: Villa Galicia, with two-story homes ... Another Grupo Roble project is Las Arboledas, in Lourdes Colón", published Elsalvador.com.

More on this topic

Nicaragua: 4.000 Social Houses Projected

February 2011

Development companies expect the Government to allocate $ 40 million for the construction of social housing by mid-year.

The Builders Chamber of Nicaragua (Cadur) said the funds will achieve the goal set by the Nicaraguan Social Security Institute, INSS, of 4.000 homes for 2011.

Salvadoran Housing Market Revives

July 2011

FONAVIPO will take over private building projects that have had to be stopped due to lack of funding.

More than 2 000 public houses will be developed by the National Fund for Popular Housing in different areas of the country.

They will be built on lots where private developers had begun construction of buildings, and therefore already have building permits and other documents required by regulation.

$7 Million for Housing in El Salvador

August 2009

The funds loaned by IDB, will be administered by the National Fund of Social Housing, and will enlarge the lines of credit micro finance institutions.

Low income families will be able to access these credits to finance their homes or lots, upgrade their residences or home building.

23,000 Homes That Cant be Sold

October 2011

They were built to be sold using government subsidies, but an increase in the cost of building materials has pushed their real price above the limit established by the law.

The Government is maintaining its position of not raising the price ceiling of $20 000, stating that this would not benefit poor families, but recognizes that it must find a solution to the problem.

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