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The government approved a long-term National Housing and Human Settlements Policy on October 17 to coordinate public, private, and financial-sector efforts in addressing Honduras's estimated 1.6 million housing shortage, including subsidies and bonds for low-income families.

Honduras faces a housing deficit of 1.57 million units, according to UNAH, with roughly 45,000 units added to the gap each year as high costs and limited financing block most families from homeownership.

The manager of Honduras's construction chamber estimates the country faces a current housing deficit of 1.7 million units.

Honduras's state housing bank Banhprovi has only 300 million lempiras (about $12 million) available for first-tier lending and zero fresh funds for second-tier lending, constraining mortgage credit for families and limiting construction projects amid an estimated 1.6 million housing deficit.

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.