vivienda

## Social credit program with direct subsidy
The Venezuelan Banking Association (ABV) announced the active participation of private banks in the social credit plan for families that lost their homes after the earthquake on June 24. The president of the ABV, Pedro Pacheco Rodríguez, explained that the government will cover between 50% and 80% of the subsidized cost of the properties, depending on the price. This measure aims to speed up the processing of applications and provide a supportive response to those affected.

seismic emergency
The vice president of the Chamber of Commerce of South America (Camesura), Luis Méndez, said that they will evaluate projects that are in the final stages, to scale them up and have the largest number of available homes in order to address the emergency caused by the double seismic event.
Luis Méndez, vice president of the Chamber of Commerce of South America (Camesura), said that the business group will hold a meeting in which American and Venezuelan real estate entrepreneurs will participate to assess housing plans, programs, and projects that are already nearing completion in Venezuela, with the goal of addressing the emergency generated after the earthquakes that occurred on July 24.