Posts Tagged ‘Rents’

Weekend Home Purchase Assistance

It is clear that the duration of the economic crisis and the huge budget deficit is forcing the government of our country to be cutting costs such as the recent cuts in infrastructure investment but now it is turn for aid to the purchase of housing .

As indicated by the very Minister who heads the Ministry of Housing, Beatriz Corredor, budget cuts have reached the State Housing Plan and will affect the aid that the government intended to allow citizens to buy a subsidized housing.

In this way, the government phased out until 2013 direct state aid to the purchase of a subsidized housing even if that may be requested up to 90% of the mortgage for OPV, which will require less money to save the entry .

But the losers are not only individuals but also the promoters and that will see reduced aid for land acquisition and construction of public housing.
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