The Central American Bank for Economic Integration (CABEI) informed that it is estimated that approximately 29,500 vulnerable families in the departments of Cortés, Atlántida, Yoro and Santa Bárbara will benefit from the rehabilitation, reconstruction or construction of new housing.

The objective of the program is to support the reconstruction and recovery process of the housing sector in Honduras through the implementation of rapid and resilient solutions for vulnerable populations affected during the emergency caused by extreme meteorological phenomena resulting from climate variability, according to the statement dated February 24, 2021.

The CABEI document states that "... the loan will facilitate the granting of subsidies for the acquisition, reconstruction or rehabilitation of housing. In addition, 26 sub-projects will be financed, including mitigation works, reconstruction of neighborhoods and basic services and improvement of shelters in several communities and neighborhoods in the project's intervention area, for which approximately 2,900 homes are expected to be built and 26,500 affected homes rehabilitated, in addition to the construction of 36,900 m2 of spaces for cultural, sports and recreational purposes."

CABEI Executive President Dante Mossi said that "... it is a priority to offer support to its member countries and thereby contribute to the reconstruction and recovery process of the housing sector, which has been so severely affected by the damage caused by the meteorological events that occurred in the region. It is important to provide a rapid and effective response to the emergency caused by the ETA/IOTA phenomena."

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March 2021

The financial resources that the IMF will lend to the Costa Rican government will be used to mitigate the fiscal crisis, strengthen monetary and financial stability, and boost economic recovery in the context of the pandemic crisis.

On March 1, the Executive Board of the International Monetary Fund (IMF) approved Costa Rica's request for an IMF Extended Fund Facility (EFF).

Honduras: $42 Million for Social Housing

January 2021

The amount of $42 million was approved for the purchase or construction of low-income housing, through a trust fund created by the Central Bank of Honduras.

As a result of the covid-19 pandemic and the natural phenomena Iota and Eta, the Fiduciary Commission (COFID) of the Central Bank of Honduras (BCH) has approved the injection of an additional $42 million through the trust fund created by the BCH, of which $29 million will be destined for the purchase or construction of low-income housing and $13 million for improvements to low-income housing.

Nicaragua: $172 Million for Housing Construction

April 2020

A loan from the Central American Bank for Economic Integration will finance the "National Program for the Construction of Social Interest Housing."

The international organization reported that these resources will be used to finance the "National Program for the Construction of Social Interest Housing."

El Salvador: More Resources for Social Housing

May 2019

The Central American Bank for Economic Integration expanded the Social Fund for Housing's Global Line of Credit by $60 million to $100 million.

From the CABEI statement:

Tegucigalpa, May 24, 2019 - The Central American Bank for Economic Integration (CABEI) granted an extension to the Global Credit Line (LGC) of the Social Fund for Housing for US$ 60 million, the new amount is US$100 million.