Local January 5, 2012 - 6:25 am

Posh government-built condos brew scandal, Hoy reports

Santo Domingo.- Nearly four months after president Leonel Fernandez cut the ribbon for the three-condo complex El Progreso on Luperón avenue, the manner in which its 180, as yet unoccupied apartments were assigned continues shrouded in mystery, with details undisclosed thus far.

Sources quoted by news source hoy.com.do affirm that the Government would provide a RD$2.0 million bond to lower rate of the potential financing given the high cost of the units, of RD$7.3 million, a figure which Hoy couldn’t confirm.

Hoy reporter Odalis Mejia also revealed that senior military officials and leaders of the ruling PLD party pressured to be included on the list to get a condo, but they had already been assigned for some time.

She said the requests have already exceeded the number of apartments, whose construction was criticized by the civic group Alternative City, because “taxpayers’ money shouldn’t be used to build luxury apartments”.

And though the financing will be through the State-owned bank Reservas, the National Housing Institute (INVI) is the government agency which submits the list of beneficiaries.

When Hoy asked Reservas about the requirements to apply for one of the apartments, they were told that handles that the INVI with discretion. “You know how those Government topics are handled,” said an employee.

And despite that the INVI has reiterated that the apartments would be available for any middle class professional, Mejia reports they could be acquired only by high income people, since just the maintenance service costs RD$18,000 monthly.

COVID-19

September 6, 2024 - 4:38 pm

Ministry of Health enhances plans for pandemic and respiratory epidemic response

September 6, 2024 - 2:36 pm

Abinader: Haiti crisis straining Dominican Republic’s migration, health, and education systems

September 1, 2024 - 8:00 am

Public Health assures there are no cases of monkeypox in the country

September 1, 2024 - 7:00 am

The country registers low incidence of respiratory viruses

MOST READ

Economy

Housing costs soar in the Dominican Republic

Local

Dominican government takes over traffic light network after three-day disruption in National District

Tourism

Brazilian tourist arrivals soar in Dominican Republic after visa elimination

Economy

Puerto Plata’s tourism rebounds

MORE NEWS

Local

Dominican Today journalist wins Pasaporte Abierto 2024 award, Dominican Republic receives multiple honors

Tourism

Project for sustainable sargassum management launched in the Dominican Republic

North Coast

Aerodom aims to bring the giant A380 to Puerto Plata

Local

What is now the Dominican Republic was home to the Samanese, the first humans to populate the Antilles nearly 5,500 years ago