NewsWhore
09-15-2006, 04:30 PM
National Institute for Housing (INVI) director Alma Fernandez has announced that between the 15th and 24th of September a delegation from Intur, Invi, and the bank BHD will present a housing plan to the Dominican communities located in Lawrence, Boston, Philadelphia, Providence, the Bronx, Manhattan, Brooklyn and Queens. The housing plan, which includes bonds of between RD$50,000 and RD$300,000 pesos, will be given to Dominicans who live in the United States so that they can buy homes in the Dominican Republic. Fernandez explained to El Caribe newspaper that beneficiaries will be able to use the bonds to make the initial payment on a house or an apartment, because this is the hardest amount to gather. Julio Vega, vice-president of Intur, said that there are 12 different types of houses and apartments for the beneficiaries to choose from, located in the Prados de San Luis and V Centenario residential developments in eastern Santo Domingo, and Santiago's Don Jaime residential development.
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