Venezuelan Gov’t Supports Housing Development

Caracas, May 13 (Prensa Latina) Venezuelan government plans to build 153,000 houses in 2011, through the Venezuela Great Housing Mission which grants a house per every needy family, said Mario Isea, president of the National Bank for Housing and Habitat (BANAVIH).

  The government will guarantee the access to assets and services including housing, which is a basic right, Isea told Venezolana de Television.

In this case, BANAVIH is planning to increase the income collection to support housing projects, he added.

Venezuela has the necessary resources and supplies, and also obvious financing sources, more than 30 billion bolivares (around 7 billion USD) to build 153,000 apartments, 28,000 of these are destined to homeless victims of rains and collapses.

The Venezuela Great Housing Mission is a social program aiming at building two million houses in the next seven to eight years as part of a plan to guarantee the greatest welfare for the people.

2 responses to “Venezuelan Gov’t Supports Housing Development

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