City Juan Bosch (Cuidad Juan Bosch)
This public-private-partnership coordinated by the President’s Ministry and executed through the Public Matrix’s Trust for the Construction of Low-Cost Housing Dominican Republic assists all Dominicans, including those abroad, access housing. Dominicans living abroad are able to access benefits such as the ITBIS bond and the Land Bond, which may provide between 8-12% of the value of housing within City Juan Bosch. When the banks associated with this project analyse a participants’ ability to pay, they take income supported by remittances into account.
Sector
- Finance
- Housing
- Infrastructure
- Remittances