LATIN AMERICA

 

Thursday 26 March 2009, San José, Costa Rica  Home Contact Us Subscribe To Our Newsletter
Chavez Presides at Socialist Forum in Venezuela
Brazil Low Income Housing Plan
Not Easy To Be Candidate As Well As President, Says Correa
Peru Says Bolivia Gave Up Sea Outlet Long Ago


Brazil Low Income Housing Plan

Brasilia - Low income Brazilians will be benefited by a governmental housing plan to build one million houses by 2010.

This project is called Mi casa, Mi vida (My Home, My Life), and the ground breaking ceremony was presided by President Luis Inacio Lula da Silva, the Minister of Civilian Housing, Dilman Rousseff who announced that 34 billion reales, about 15.2 billion dollars, have been set aside for this project.

Rousseff pointed out to 500 people, including half of the cabinet, prefects, almost all state governors and accredited press that the states and municipalities, acting as counterparts, can count on investments of the federal government, land, reduction of taxes and even financial resources.

The intention of the government is to build 400,000 houses for the population that will pay a minimum of 40 reales, 22 dollars, and the families will receive an integral subsidy with insurance.

For families in the 3-6 times the minimum wage bracket, the loan payments will be up to 20 percent of income for 400,000 houses under a 4.7 billion investment plan.

The remaining 200,000 homes will be for families with incomes between seven and ten times the minimum salary. They will be encouraged to buy the home with a reduction of insurance costs and access to the Guarantee Fund. This housing program is promoted by the government to reduce by 14 percent the scarcity of homes in the country, estimated at 7.2 million homes, thereby eliminating, to some degree, the effect of the world economic crisis.

Also, about half a million jobs will created not only in civilian construction but also in sectors such as those of materials, goods and factories of accessories for the homes. The Minister of the Environment, Carlos Minc, announced that the new homes will have solar energy and take advantage of rain water.

This will generate economic improvement for the inhabitants and eliminate waste of 830,000 tons of coal, he said, announcing the construction of a 520 megawatt generator.
 
 
 
 

 

 

2002 - 2009  INSIDECOSTARICA.COM.2133-1000 San José, Costa Rica 
E-Mail: [email protected]  Telephone: (506) 8845 5800  / (506) 2231 3205  Fax: (506) 2232 6337
For more information on this website contact: [email protected] 

Subscribe to our newsletter!