Described as “the most ambitious and most socially impactful in history”, the government launched the National Happy Family Housing Plan yesterday, aimed at Dominicans “being able to acquire their first home” and decrease the historical deficit in this area.
President Luis Abinader presented this plan yesterday, in which the government plans to build 11,000 new homes in its first year and 17,000 in the remaining three to complete 62,000.
“This will certainly have a huge impact on every Dominican who accesses their first home, but it will also generate an economic impact with the creation of more than 100,000 direct and indirect jobs over the next four years,” President Abinader said. .
200 million US dollars
For this project, the state has budgeted an investment of $ 200 million over four years, through bonds that will be granted to families who take advantage of it, but the bonds and their benefits depend of income.
Similarly, he acknowledged that the housing plan, led by the Ministry of the Presidency, will be executed by the private sector, specifically the builder, or directly the people who apply may do so with an engineer or professional of private construction.
More dispossessed sectors
He expressed that the state will put land facilities across the country and the constructions will be “focused and developed” in batches based on a previously established plan.
“They are not government construction projects. What we are basically doing is facilitating from the financial structure and that financial gap that the most dispossessed sectors do not have,” the president explained.
Segmentation and bonds
“The program aims to classify three categories of housing, intended for families with different levels of income and will be made with the aim of being able to fit with the purchasing power of each family,” he detailed.
The first segment will be aimed at families with incomes of RD $ 16,000 and will be able to access a home of up to 800,000 pesos. In addition, it will have a state bond for the initial and up to 500 points of the rate for seven years.
The second segment will be for families with incomes of RD $ 26,000, who will have access to homes worth up to 1.5 million pesos. While those who enter 48,000 pesos, will be able to opt for a home valued at up to 2,250,000 pesos. Both segments will have government bonds.
Initial bonds and fee
“Government subsidies will come in bonds for the down payment (Family Initial Bond) and at the loan rate (Rate Bond) to facilitate the monthly payments of new homeowners, for a period of seven years,” Abinader reported.
On the other hand, when asked why the Bo Taxa will be for seven years, the Deputy Minister of Investment Projects, Camel Cury, explained that “it has been established for seven years because international bodies understand it as good. and valid, that a family with a well-focused help, could perfectly change income quintile in a period of seven years “
CHROME
Macarrulla explains
The Minister of the Presidency, Lisandro Macarrulla, defined the National Housing Plan as “a platform that will attack an evil that no other government has been able to face successfully and that seeks to raise the standards of the Dominican Republic in terms of funding for in homes. “
those present
In the act, realized in the Hall the Caryatids, of the National Palace, were present Mayra Jiménez, minister of the Woman; Camel Curi Lora, Deputy Minister of Investment Projects and Jaime González, Deputy Minister of Social Development Projects.
Also, Samuel Pereyra, general manager of the Reserve Bank; Glòria Reis, director of Progressant with Solidarity (Prosoli); Carlos Bonilla, director of the National Institute of Housing.