Nicaragua: More than just roofs and walls: State program offers decent housing to Nicaraguans

https://actualidad.rt.com/actualidad/532141-programa-estatal-viviendas-dignas-nicaragua

The Bismarck Martínez program, a social housing project in Nicaragua, has delivered thousands of homes and has become an opportunity for many families to stop renting and escape the discomfort caused by shared spaces.

To date the program has facilitated the construction, financing and delivery of more than 5,200 homes and nearly 2,600 lots in five Managua developments. Of these, 60% have been allocated to women, recognizing their fundamental role in building homes and creating prosperous communities.

“Today, I feel like a fulfilled woman, as a mother. My children have a decent home to live in, without anyone telling them anything. That is a woman’s dream, to have her own house,” says Karen Rivas, who received the keys to what is now her home three years ago.

Nicaragua is making great strides in electricity coverage and is a leader in Central America. The residential plan is implemented through coordination between the mayors and the Nicaraguan Institute of Urban and Rural Housing (Invur) and offers a range of advantages. Thus, beneficiaries have a grace period of six months before starting payments and the possibility of accessing a trust with a fixed interest rate of 7.25% during the 20 or 25 years of the credit, among others. Information on housing options is publicly accessible, obtained at national fairs and in specialized service areas.

The Bismarck Martínez program began in the capital and quickly spread throughout the country. It is inspired by a worker from the Managua City Hall who was killed in 2018 during the failed coup attempt, and focuses on offering comfortable infrastructure for the well-being of citizens. In this way, it has strengthened the efforts of the Daniel Ortega government, which has delivered more than 140,000 homes in the last 17 years.

According to Reyna Rueda Alvarado, the project is concerned with serving “those thousands of families who lived in critical and highly vulnerable areas.” “It is part of the policy that is framed within our law 677, being able to grant families an ease of access to credit is very important,” adds Gabriela Palacios, director of Invur.

The urban development initiative also includes essential services such as a health unit, a police station, a fire station and transport units to make life easier for residents. More than roofs and walls, the program is about stability and security.

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