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US company Inter-Mac to finance $100 million affordable housing project in Honduras

Monday, July 26, 2010


US company Inter-Mac is to finance an affordable housing project in Honduras for poor families, under an agreement with the government.
 
The $100 million deal will be signed by the Honduran president, Porfirio Lobo, and the president of Inter-Mac, Xavier Arguello.
 
The two parties have agreed that Inter-Mac will provide financing for low-cost, secure housing for Honduran families that have not been so far unable to acquire housing.
 
Original source (in Spanish): Efe