Housing Plan After Earthquakes Benefits Over 2,000 People This Week, Says Venezuela's Delcy Rodríguez

Venezuela's acting president, Delcy Rodríguez, announced that the national government's housing plan, implemented after the earthquakes on June 24, has assisted more than 2,000 individuals this week. The assistance includes the allocation of new housing units and the repair of damaged buildings.

During a meeting with condominium representatives in Sucre municipality, Caracas, Rodríguez provided an update on the residential assistance efforts. "This week we have practically benefited more than two thousand people, some of whom were given homes, others were able to return to their homes," she stated during the institutional update.

Official reports indicate that the magnitude 7.2 and 7.5 earthquakes on June 24 affected at least 41,624 homes, resulting in over 6,000 deaths and more than 16,000 injuries across seven states. To address the housing crisis, the government is employing a combined strategy that includes allocating state-owned residential units, providing bank financing, and directly intervening in damaged infrastructure.

As part of the economic measures, both public and private banks will offer special credit lines. For properties valued up to $70,000, the state will cover an 80% subsidy, while for properties between $70,000 and $100,000, the state coverage will be 50%. Additionally, Rodríguez announced the promulgation of a new Rental Law, approved by the National Assembly, aimed at stimulating the rental market and increasing the availability of housing units. The government also plans to progressively rehabilitate over 13,000 affected homes in the seven states declared in a state of emergency.