This initiative is part of a wider project called “Casa para Todos” (Housing for All), launched last year.
Companies are bidding for constructing the first phase, which includes 499 residences in 8 modules containing 38 to 40 units each. The winning company will be announced next week.
Source: elsalvador.com
More on this topic
July 2009
In September, the Housing Ministry of El Salvador will invite bids for the construction of 2.200 homes.
This process is a part of the "Casa para Todos" (Housing for Everyone) project, which aims to build 9.561 homes in 18 months.
Edín de Jesús Martínez, head of the ministry, told Laprensagrafica.com that "works is ahead of schedule, and home builders are already inquiring on the requirements they must fulfill to participate in the competition".
April 2010
FONAVIPO, the National Social Housing Fund, awarded 6 of 10 projects to build homes in urban development “Nuevo Belén”.
Marco Fortín, president of the institution, explained that works are poised to start on May and should be ready in two months. “This project could generate some 4.500 jobs, between direct and indirect ones”, added Fortín.
November 2010
BCIE and IDB funds will finance the "Casa para Todos" (Housing for Everyone) program.
The $ 70 million Inter-American Development Bank loan will go to build 6.373 homes for low-income families, of which 2.000 would be ready by March 2011.
The credit of the Central American Bank for Economic Integration (BCIE), of also $ 70 million, "will be implemented by the National Housing Fund (FONAVIPO), which will bid the affordable housing projects to developers," Elsalvador.com reported.
October 2009
The National Housing Fund began the bidding process, earmarking $3 million for it.
12 municipalities will be benefited with the project, which is part of the program "Housing for Everyone" (Casa para Todos).
Elsalvador.com reports: "Each house will be built with cinder block walls, fiber cement board roof and lattice windows ...
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