A Bogota judge has ordered the immediate suspension of a plan to construct social housing projects in rich neighborhoods, proposed by Mayor Gustavo Petro to promote social integration.
Colombia President Juan Manuel Santos has finished only 10% of the 75,000 subsidized homes the head of state claims to have constructed, according to the leftist opposition.
Colombia’s capital Bogota is planning to carry out social housing projects in some of the city’s most expensive neighborhood in an attempt to curb social and economic segregation, the administration announced Full Article »
Colombia’s Housing Minister has recognized that there is no money for subsidized housing or aqueducts with the ministry in need of more than $5 billion for just one project, reported Caracol Full Article »
Colombia’s housing minister has delivered a bill to Congress that will ensure buildings have the highest quality standards to prevent tragedies similar to that which Medellin has recently experienced, reported Full Article »
A range of Medellin construction projects using “hyper optimization” – a fast, cheap and resource efficient way of building assembly – have almost all recently had serious quality problems leading Full Article »
Two mass evictions led to riots in Western Colombia on Wednesday, when eight people, including two policemen, were reportedly injured, according to Colombia’s El Tiempo newspaper .
Official figures show that Colombia’s government has built less than 10% of 100,000 houses promised to low-income families across the country, according to a Colombian Senator, national media reported on Thursday.
Colombia’s financial sector has resisted lowering mortgage rates in accordance with the central bank interest rate cut to 3.25%, the bank’s most recent cut in March. “The central bank has developed Full Article »
Colombian President Juan Manuel Santos on Thursday signed the last three building contracts to fully implement his plan to build 100,000 free houses for the poor. In the northern Colombian Full Article »