Costa Rican Government To Unveil Housing Policy in October
The plan will be presented on October 1st, and will be reviewed by all involved sectors for a two-month period.
Monday, September 20, 2010
The main issues raised in the consultation period were land use and better access to financing.
During the inauguration of " Expo Casa" President Perez Molina announced the provision of 18,000 housing subsidies and another 6,000 for the "piso seguro" (safe floors) project.
Zoning changes and the creation of municipal planning boards responsible for preparing the urban development plans are part of the new law recently approved on land use.
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 Inter-American Development Bank has loaned $35 million to a cooperative to be used to grant housing loans under $109,000.
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