El Salvador: Changes to "Housing for All" Tender

Changes to the tender process of program “Housing for All” ("Casas para Todos") eased up on requirements for construction companies.

Wednesday, March 2, 2011

Current legislation requires the contractor to have developed at least three similar projects to the one which is being applied for. With the new changes construction companies can apply without having been specifically devoted to urban development projects.

Elmundo.com.sv published statements by the president of the Housing Social Fund (FONAVIPO), Marco Fortin, "... in the new tender regulations, the requirement of having the expertise in development lies with the resident of the project, not the construction company."

More on this topic

El Salvador Awards $6 Million in Home Building Contracts

April 2010

FONAVIPO, the National Social Housing Fund, awarded 6 of 10 projects to build homes in urban development “Nuevo Belén”.

Marco Fortín, president of the institution, explained that works are poised to start on May and should be ready in two months. “This project could generate some 4.500 jobs, between direct and indirect ones”, added Fortín.

El Salvador Invites Bids for Building 390 Homes

October 2009

The National Housing Fund began the bidding process, earmarking $3 million for it.

12 municipalities will be benefited with the project, which is part of the program "Housing for Everyone" (Casa para Todos).

Elsalvador.com reports: "Each house will be built with cinder block walls, fiber cement board roof and lattice windows ...

El Salvador to Invest $ 100 Million in Housing

January 2011

The National Popular Housing Fund plans to build 6,742 public houses in 2011.

Marco Fortin, president of the institution, referred to the seven projects managed by the government under the Home for All program.

The more advanced projects are those of Nuevo Belen, with 495 houses, which this year will begin title process, and La Bretaña with 1,875 homes.

“Housing for Everyone" Program Receives More Funding

July 2010

El Salvador’s government signs agreements with commercial banks to obtain short-term finance for the social housing project.

Tomás Chévez, president of the Social Home Fund (FSV), commented that the agreements had been signed with Banco Agrícola and HSBC.

Without revealing the size of the loans, he added that the funds from Banco Agrícola will go towards five housing projects while the HSBC loan will fund two.

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