Costa Rica: Sweden Promotes Cooperative Housing Scheme

The Swedish Cooperation Center has organized a forum between the region’s housing ministries and nongovernmental organizations to promote the concept.

Wednesday, June 2, 2010

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”.



More on this topic

Nicaragua: More Backing for Housing Construction

January 2017

The Ortega administration intends to build 119,000 homes within 5 years, 70 thousand of which will be built by the state and the rest by private companies.

The recent increase from $20 thousand to $23 thousand in the ceiling of the price of social housing constitutes an incentive for the private construction sector, since it is expected that better conditions for access to financing will encourage an increase in demand. In this context, the government has announced plans to increase the housing supply in the country by 119,000 units.  

Nicaragua: Help for Social Housing Purchases

March 2012

The idea is to build houses worth less than $20,000 in order to facilitate the purchase of decent houses by low income families.

This solution is currently being discussed by representatives of private companies, banks and the Nicaraguan government and an agreement could be reached within weeks, reports Laprensa.com.ni.

The Housing Market in Guatemala

February 2012

The deficit between supply and demand for housing solutions is growing every year, requiring state policies for the creation of credit systems for low-income sectors.

In Guatemala, the demand for housing grows between 55,000 and 60,000 units every year, but only 20,000 new houses are built, calculates the Guatemalan Chamber of Construction (CGC).

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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