Bolivia’s government announced a US$30mn additional investment for basic services to support its housing program Plan de Vivienda. The funding will cover water, sewerage and electricity installations in social or state-subsidized housing. A third of the houses were initially planned without these services [...].
The US$30mn will come from the national treasury and the ministry, which is using some of the financing available in the budget of the housing and urbanization department. Authorities are also working on improving the social housing program, in order to avoid the design of homes without basic services due to financial reasons, the minister added. The ministry will now focus on designing state-subsidized apartment blocks, which will not need to invest so much in basic service networks.
Source: BNamericas [subscription site], 26 May 2009
0 responses so far ↓
There are no comments yet...Kick things off by filling out the form below.