Tuesday, February 2, 2010

A Home for Everybody in Cape Verde

According to a study completed in 2008, the archipelago of Cape Verde has a shortage of over 80 thousand homes. The government has recently announced the creation of a program entitlesd Casa para Todos, (a Home for Everybody), which aims to tackle the shortage in housing on the archipelago which is estimated to be of over 80 thousand residences short.
The government plans to build eight-thousand social houses and rehabilitating close to 15,000 others until 2011.
Cape Verde may recieve the first installment of a special credit line made available by the chinese goverment as early as this year. The enitirity of this credit line will go towards real estate construction costs for those in Cape Verde in need.

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