Law on Benefits for Social Housing Construction Projects
Congreso Nacional
- Decree: 93-2015
- Published: January 23, 2016
- Issuing body: Congreso Nacional
- Gazette: 33,941
- Category: Financial & Tax
Summary
This law exempts social housing projects with a maximum value of L.600,000 from paying taxes, fees, and municipal permits. It benefits construction companies and low-income families by reducing construction costs and facilitating access to adequate housing through simplified procedures at CONVIVIENDA's Single Window.
Considerations
Whereas the Constitution of the Republic, in its Article 17, recognizes to Hondurans the right to Dignified Housing, for which purpose the State through the Government of the Republic has the duty to formulate and execute Social Interest Housing Programs that address the housing needs of the population. A fundamental right that is equally part of the commitments recognized in the Treaties and Conventions on Human Rights of which Honduras is a party.
Whereas for the current Government of the Republic social housing is a matter of urgent necessity to address the housing needs of the population through the utilization of the different human and financial resources available to the country.
Whereas Article 328 of the Constitution of the Republic establishes that the tax system shall be governed by the principles of legality, proportionality, generality and equity in accordance with the economic capacity of the taxpayer. Section B Legal Notices B. 1-8 Available for your economic convenience, the economy of Honduras is founded on principles of efficiency in production and social justice in the distribution of wealth and national income and harmonious coexistence of the factors of production that make possible the dignification of work, as the principal source of wealth and as a means of realization of the human person.
Whereas in accordance with Article 351 of the Constitution of the Republic the tax system shall be governed by the principles of legality, proportionality, generality and equity in accordance with the economic capacity of the taxpayer.
Whereas in order to facilitate access to social housing for the population of limited economic resources it is necessary to take measures of fiscal sacrifice or similar.
Whereas Executive Decree in Council of State Secretaries Number PCM-24-2014, published in the Official Gazette "La Gaceta" dated May 30, 2014, creates the National Commission on Housing and Human Settlements (CONVIVIENDA) and that for the expedited granting of permits and licenses, the National Commission on Housing and Human Settlements (CONVIVIENDA) shall have a Single Window, which shall be comprised of institutions of the Central Government that have competence in the processing and granting thereof, seeking the best compliance and execution of the housing programs and projects promoted by the Government of the Republic or that are classified as priority by such Commission.
Articles
The benefits established in the preceding Article shall apply to single-family dwellings with a final sale price to the purchaser not exceeding SIX HUNDRED THOUSAND LEMPIRAS (L.600,000.00), as well as to residential projects whose dwellings do not exceed the final sale price to the purchaser in the amount established in this Article.
Single-family or multifamily residential projects constructed in zones defined by the National Housing Commission (CONVIVIENDA), through the Single Window, are exempt from the requirement to present, individually or by Project, an Environmental License and are obligated only to comply with the requirements designated by the Single Window, contained in the Executive Decree, published in the Official Gazette "La Gaceta", dated May 30, 2014 and related to Executive Decree PC-43-2014, published in the Official Gazette "La Gaceta", on July 26, 2014.
In accordance with this Law, the payment of taxes or duties, rates and surtaxes, in force in Honduras, national or municipal for the granting of permits or licenses for construction, whether of family housing or social housing projects, is hereby exempted.
This Decree shall enter into force as of the date of its publication in the Official Gazette "La Gaceta". Given in the city of Tegucigalpa, municipality of the Central District, in the Session Hall of the National Congress, on the eighth day of the month of September of two thousand fifteen.
Related laws
- Law on Benefits for Social Housing Construction Projects — This law exempts social housing projects with homes not exceeding 600,000 lempiras from paying taxes and municipal fees. It benefits low-income families and affordable housing builders by reducing permit and licensing costs, making it easier to access dignified housing. (Decree 93-2015)
- Decreto Legislativo No. 93-2015 — Ley de Beneficios para Proyectos de Construcción de Vivienda Social (Decree 93-2015)
- Reforms to the Framework Law on Housing and Human Settlements — This law reforms the Housing Framework Law to allow the Social Housing Fund (FOSOVI) to continue operating while being liquidated, giving the Executive Director legal powers to manage it. It also extends construction and sales timelines by 4 additional years for developers affected by the COVID-19 pandemic and natural disasters. (Decree 82-2021, 2020)
- Decreto Legislativo No. 82-2021 — Reforma a los artículos 43 y 46 de la Ley Marco de Vivienda y Asentamientos Humanos; autoriza ampliación de plazos para Programa de Apoyo Financiero al Desarrollador — This law extends the repayment deadlines by 4 additional years for housing developers who received funding from the Developer Financial Support Program. It benefits developers affected by the COVID-19 pandemic and natural disasters, giving them more time to build and sell homes before returning government funds. (Decree 82-2021, 2021)
- Decreto Legislativo No. 82-2021 — Reformas a la Ley Marco de Vivienda y Asentamientos Humanos y autorización de ampliación de plazos para Programa de Apoyo Financiero al Desarrollador (Decree 82-2021, 2021)