Social Housing

Housing Minister Francis Argeñal announced a $400 million National Comprehensive Housing Plan, funded by the Latin American Development Bank and administered by the state housing bank Banhprovi, to provide mortgages to eligible families beginning in September.

The Latin American Development Bank approved $400 million to support Honduras's Comprehensive Social Housing Program, which aims to finance affordable, inclusive, resilient, and sustainable homes.

Congressman Javier Vaquero (Libre) introduced a proposal to establish a national social-housing system allowing renters to build equity toward homeownership, targeting Hondurans excluded from traditional bank mortgages.

The CAF development bank approved $400 million in financing and technical support for Honduras's Integral Social Housing Program, which aims to expand affordable, accessible, and climate-resilient housing and strengthen the sector's financial institutions.

The Housing Ministry unveiled a 10-year subsidy plan offering grants of up to L82,500 (about $3,300) and monthly payment reductions to help low-income families qualify for mortgages and afford monthly payments on social housing.

Honduras's state housing bank Banhprovi announced it has funds available for home loans of up to L1.2 million (about $48,000) at 4% annual interest over up to 30 years with no down payment, through branches in seven cities nationwide.

Honduras's Housing Ministry plans to subsidize home purchases for about 5,000 low-income families by year-end, allocating over 1 billion lempiras (about $40 million) in direct credits and state subsidies targeting households earning less than half the minimum wage.

Only about 3,000 social homes may be built this year because the state housing bank BANHPROVI has not yet received promised funds, though officials say $500 million annually could flow by late August if IMF talks proceed.