The homes will be built in Greater Santo Domingo, with projects in San Luis; Model City and New Herd. The rest will be done in three sectors of Santiago
In this year the Ministry of Housing and Buildings (Mived) intends to improve some 10,000 homes, through the Dominican Plan Rebuildsand its goal is to deliver more than 5,000 new homes, which will have a significant impact on reducing the country’s housing deficit.
This was stated by the head of the institution, Carlos Bonilla Sanchezwhen participating as a guest in the Economic Meeting of Today, where he added that the new homes will be built within six projects concentrated in the main provinces of the country, where there is great demand.
“Where there is a great housing demand is that we are building. The housing deficit is around one million homes, ”she said.
He explained that the houses will be built in Greater Santo Domingo, with projects in San Luis; Ciudad Modelo and Hato Nuevo, while the others will be built in Santiago, in the sectors of La Barranquita, Los Salados and Hato del Yaque.
The official said that so far in government more than 40,000 homes have been repaired, thereby reducing the qualitative housing deficit, and 2,800 new homes have been delivered, figures that exceed what has been done in governments previous.
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“These 2,800 houses mean 20,000 direct and indirect jobs, an investment of almost RD$6 billion made by the Government and means an economic spill of almost RD$10,000 million,” he pointed out.
Budget execution.
Referring to the budget execution of the ministry, Sánchez pointed out that of the RD$16.232 million assigned last year, 99% were executed, an execution that no public institution had achieved.
“We do not execute 100% because in December they close the accounting,” he said.
According to figures from the ministry, last year RD$9,213 million was invested in housing, for an execution of 98.6%; RD$5.338 million were invested in health, for an execution of 99.7% and in education RD$1.53 million were invested, for an execution of 100.0%.
Sánchez said that for this year they have more than RD$11 billion for investment, but that there are possibilities that in the Supplementary Budget they will increase the allocation again.
He explained that the relationship between capital spending and current spending is that for every peso in current spending, they invest RD$7.00 in capital spending, which makes them the most efficient government institution.
The Ministry of Housing and Buildings (Mived) is not only building homes, but also, by law, works on hospital works and builds the extensions of the Autonomous University of Santo Domingo (UASD).
This year the second phases of several hospitals built by the institution will be delivered.
