INCONHSA: Affordable housing in Honduras
WBCSD, February 15, 2007
The Central American country of Honduras needs to build 600,000 houses to meet current demand and must construct 40,000 new houses a year to keep up with its growing population. Yet the country’s per capita GDP is US$ 2,900, and there is little credit available; so few Hondurans can afford to build or buy a home.
The Honduran firm INCONHSA recognized the challenge and turned it into a business opportunity by figuring out how to build affordable detached homes for about US$ 9,500 per unit in a development that includes paved roads, electricity, water and sanitation.
>> View Article | created on: 02/23/2007
