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Colombia congress approves construction of free housing for poor

Colombia’s congress on Tuesday approved the subsidized construction of 100,000 houses for some of the country’s poorest citizens.

The free houses are planned to be ready in July next year and are meant to diminish poverty in Colombia, which suffers one of the highest inequality rates in Latin America.

“The project will have great impact on Colombia’s poorest of families and [the] generating [of] employment … Congress is responding to the thousands of Colombians who never even dreamed of the possibility of having their own roof,” Interior Minister German Vargas Lleras said in a response.

According to government statistics, 10.6% of Colombians, approximately 4.9 million people, live in extreme poverty.

The houses will be raffled off among families across the country.

The government of President Juan Manuel Santos estimates that the subsidized housing project will cost the state approximately $4.2 billion.

From Colombia Reports

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Written by Rico

Rico

"Rico" is the crazy mind behind the Q media websites, a series of onlinemagazines that includes TodayColombia.com. Rico brings his special kind of savvy to online marketing. His websites are engaging, provocative, informative and sometimes off the wall, where you either like or you leave it. The same goes for him, like him or leave him.There is no middle ground. No compromises, only a passion to present reality as he sees it!