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Wednesday, 31 January 2024 15:15

Housing Ministry projects investment of US$228.1 million in loans by 2024

Written by Denis Muñoz
Housing Ministry projects investment of US$228.1 million in loans by 2024

El Salvador's Ministry of Housing plans to invest $228.1 million in loans during 2024, through different programs included in institutions such as the Fondo Social para la Vivienda (FSV) and the Fondo Nacional de Vivienda Popular (Fonavipo).

The Minister of Housing, Michelle Sol, explained that the FSV alone plans to invest US$170 million in initiatives such as Casa Joven, Casa Mujer and Vivienda Nueva.

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According to the SFV website, the Vivienda Nueva program loans range from US$30,000 to US$150,000.

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It is worth mentioning that this projected investment would be added to the more than US$783.2 million in loans that have already been delivered in the four and a half years of the current government's administration.

 

Translated by: A.M

Published in Breaking News
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