Panama: 5,000 Houses to be Built

"For over 20 years this province has been facing a severe shortage of homes, which is why the Government is currently developing the following housing the projects: Manuel Castillo, with 500 apartment units, Nuevo Arco Iris and La Victoria, with about 350 houses, and Senior Buena Vista, with 300, plus about 200 homes in Portobelo. "

An article in Prensa.com quotes the Vice Minister of Miviot, Jaime Ford, as saying ‘we are aware of the housing situation in Colón and therefore not only government but also private companies are investing in the housing sector, which is why we have a project to build 5,000 houses ... '

Source: Prensa.com

More on this topic

Nicaragua: Social Housing

October 2011

The rising costs of materials and the government's refusal to raise the ceiling price on affordable housing could derail the National Housing Plan.

The Government is maintaining its position of not raising the ceiling price of $20 000 to $26,500, saying that would not benefit low income families.

Panama: $ 141 Million for Social Housing

January 2011

During 2011 the Ministry of Housing plans to build 50 social interest housing projects.

The Ministry stated that of the projects announced, 30 of them include about 3.500 homes which will go to low-income families in the provinces of Panama, Colon, Veraguas, Cocle, Chiriqui, Herrera and Los Santos.

Nicaragua: $20 million for Affordable Housing

September 2011

An IDB loan will support a program of housing and neighborhood improvement, focusing on low-income families.

A press release from Inter-American Development Bank (IDB) reads:

the Initiative will focus on low-income families and progressive construction

The Inter-American Development Bank (IDB) announced the approval of U.S.$20 million in funding for Nicaragua to support a program of housing and neighborhood improvement focusing on low-income families.

Panama: $3.5 Million for Social Housing

February 2010

The Housing Ministry announced it will build homes in the Province of Coclé.

Minister Carlos Duboy explained that the projects will be carried out in La Pintada and Aguadulce.

“They include 200 ‘floor and roof’ solutions, 50 Parvis, and residences with included infrastructure in state and municipal terrains in La Pintada, Farallón de Antón and Barrios Unidos de Aguadulce”, reported prensa.com.