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HOUSING II

Sector: Residential • Location: Chile

Source: World Bank Group

Project
Closed

The Second Housing Sector Project will include all of the investments of the Ministry of Housing and Urbanism (MINVU) in the housing sector for 1989-91, and it will introduce a package of policy measures to reduce subsidies and improve mortgage collections. A total of 177,000 new houses will be built and 36,000 existing houses improved. Specific investment components include : (a) the provision of

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The project “HOUSING II” is an infrastructure initiative in the Residential sector, located in Chile. Taiyo aggregates data on it from World Bank Group.

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Participants

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Status

Original status

closed

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Description

Description

The Second Housing Sector Project will include all of the investments of the Ministry of Housing and Urbanism (MINVU) in the housing sector for 1989-91, and it will introduce a package of policy measures to reduce subsidies and improve mortgage collections. A total of 177,000 new houses will be built and 36,000 existing houses improved. Specific investment components include : (a) the provision of upfront subsidy certificates to increase the access of lower and moderate income families as well as rural families, to housing constructed by the private sector; (b) the production of basic houses of different sizes and finishes for allocation to families in the absolute poverty group; and (c) home improvement loans for existing houses. In addition, the project will include technical development and training for the private housing finance system and for MINVU.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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