Venezuela Government Builds, Donates Over 675,000 Homes in 4 Years

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Though an old adage cautions us against judging a book by its cover, a home’s outward appearance is intrinsically tied to its curb appeal. Old, worn or damaged siding is one thing that can contribute to a loss of up to 10% of your home’s value. However, residents living in the 675,991 homes built and given away bt the Venezuelan government within the last four years do not have to worry about this problem.

The Venezuelan government has been committed to meeting the nation’s housing needs by creating and investing in a massive housing initiative , as confirmed by Ricardo Molina, the Minister of Housing and Habitat.

Venezuela also rang in the new year by handing out the keys to over 700 apartments, in different states, to hundreds of families in need.

President Nicolas Maduro is scheduled to announced additional government strategies to continue to construction of new homes, as well as other government initiatives to assist the Venezuelan people upon his return to Venezuela following his visits to Russia, China, and other OPEC member countries.

Beginning in 2010, the Great Venezuelan Housing Mission (GMVV) was begun under the leadership of former President Hugo Chavez. The GMVV’s original mission was to provide housing for the large number of families affected and displaced by landslides caused by heavy rains. Since its inception, the program has expanded to address Venezuela’s housing deficits.

Families are provided homes — equipped with both appliances and furniture — as well as the titles to the properties, free of cost.

Recently, Ramon Vina, the secretary of housing in the state of Aragua, confirmed that the GMVV will build 14,019 homes in the coastal area this year. The mission will provide housing for families living close to Lake Lost Tacariguas due to rising water levels.

Venezuelan Vice President of Economics Rodolfo Marco Torres said that social programs are the priority of the 2015 budget, guaranteeing the resources necessary for the GMVV to meet the needs of as many families as possible.

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