Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Colombia’s housing deficit decreasing due to social housing schemes: govt
http://colombiareports.co/colombias-social-housing-projects-lessening-housing-deficit-problems/Colombia’s housing deficit is dropping, according to a national statistical report and statements from the Colombian government released on Tuesday.
Housing Minister Luis Felipe Henao said on Tuesday that “the construction of social housing is helping the Colombian economy and reducing the housing deficit.”
---------------------
In June 2013 the Colombian government stated it would invest $583 million for the building of 100.000 homes for low-income families across Colombia, a plan which seems to have had a positive effect in 2014.
Furthermore, the housing market has seen dramatic improvements with a growth dynamic of 9.5%. This acted as a partial offset of the 20.8% reduction of non-residential builds in Colombia.
