The Swedish Cooperation Center has organized a forum between the region’s housing ministries and nongovernmental organizations to promote the concept.
Cooperative housing implies that those interested in buying a house must organize themselves in a cooperative, in turn building their own houses. This model allows up to 30% cost savings.
“This modality allows low income citizens to access adequate housing solutions at a low cost”, reported Elfinancierocr.com. “The concept has proven successful for over 40 years in Uruguay, where over 25.000 families have used it to get high quality residences”.