El Salvador to Invest $ 100 Million in Housing

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

Monday, January 24, 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.

"Los Manantiales, in Sonsonate, with 308 houses, La Providencia, in Olocuilta, with 780 houses and Los Almendros II, in San Martin, with 1,800 houses, which are still in early stages of study, complete the 6.742 future homes", adds Maria José Saavedra in her article in Laprensagrafica.com.

More on this topic

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 ...

Construction of 2.200 Homes Put Up to Tender

July 2009

In September, the Housing Ministry of El Salvador will invite bids for the construction of 2.200 homes.

This process is a part of the "Casa para Todos" (Housing for Everyone) project, which aims to build 9.561 homes in 18 months.

Edín de Jesús Martínez, head of the ministry, told Laprensagrafica.com that "works is ahead of schedule, and home builders are already inquiring on the requirements they must fulfill to participate in the competition".

"Housing for Everyone" Program Starts in El Salvador

July 2009

The government plan "Housing for Everyone" ('Casa para Todos'), started transferring and dividing state terrains into lots, where 2.050 houses will be built.

1.500 homes will be built in the capital city and 550 in the east of the country. The location of an additional 150 is still to be determined, to achieve the target of 2.200 homes in 18 months.

$232 Million in Social Housing

July 2009

Salvadoran home builders welcomed President Funes's announcement, that turns into reality the long awaited anti crisis plan for the sector.

Funded by the government and the private sector, the global housing project aims to build 25.000 homes, generating over 100.000 direct and indirect jobs.

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