As a Costa Rican state bank, Banco Hipotecario de la Vivienda (BANHVI) is focused on providing housing to families, people with disabilities, young couples and older adults without a family nucleus. This target population is concentrated in households in poverty and with low incomes. BANHVI provides subsidies and loans for the acquisition of a home, construction of a home, purchase of a lot and home construction, or repair, extension, and improvement of housing.
BANHVI has put in place multiple options to make these subsidies and loans more affordable, including: utilizing a targeted and differentiated subsidy line, interest rate lines, communications and dissemination strategies, and access to technical support. The benefits to residents of implementing these guidelines are clear – and in 2020, there was a $5 million investment from the Family Housing Bond to serve families in dire need of housing.
Source:
Rodríguez Armas, J. C. (2021) Barreras de Acceso a Programas de Subsidios a la Vivienda en Perú: Estudio y propuestas de innovaciones en políticas públicas. Habitat for Humanity International Terwilliger Center for Innovation in Shelter.
Link: https://www.ctivperu.org/segmento-de-la-construccion-progresiva-en-el-peru-2/