10,900 NEW HOMES.Housing Secretary Ileana Echegoyen announced the construction of 10,900 low-cost housing units in 36 municipalities, reports El Nuevo Dia (Oct. 1, 2001). After meeting with developers involved in 52 separate housing projects, she said the initiative represents an investment of US$500 million, most of it from the private sector. A US$85 million piece from the Housing Bank will allow qualified buyers to receive the 2% down payment and a subsidy subsidy, financial assistance granted by a government or philanthropic foundation to a person or association for the purpose of promoting an enterprise considered beneficial to the public welfare. for monthly payments. Most of the units will be "walk-up" apartments with three bedrooms, parlor, dining room, kitchen and laundry Laundry can be:
Before industrialization area. Prices will not exceed US$70,000. Echegoyen predicted that the new units will be "snapped Snapped is a true crime television series on the Oxygen Network that debuted in 2004 in the United States. It features stories of real women who killed others, mainly husbands or boyfriends. up" by buyers, since studies have shown that there is a shortage of 60,000 housing units in Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. . Copyright 2001 |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion