Housing Financing Law for Teachers
Congreso Nacional
- Decree: 401-2013
- Published: March 26, 2014
- Issuing body: Congreso Nacional
- Gazette: 33,389
- Category: Labor
Summary
This law authorizes financing the construction of 12,000 homes for teachers and education support staff affiliated with PROVIDOAH between 2014 and 2017. Beneficiaries receive a subsidy of L.61,600 per home and must commit to teaching at least 200 days per year to contribute to the country's education.
Considerations
Whereas the Constitution of the Republic recognizes Hondurans the right to adequate housing in its Article 178, for which the State must formulate and execute social housing programs of public interest.
Whereas in accordance with the principles of equity and solidarity in access to housing for all Hondurans without discrimination and taking into account that teachers at all levels of education, primary, secondary, and higher education need additional resources that allow them to access adequate housing, in accordance with their income and their activities.
Whereas the Government of the Republic proposes to authorize the Honduran Bank for Production and Housing (BANHPROVIT), with the purpose of contributing to finance the construction of twelve thousand dwellings (12,000) for teachers and auxiliary personnel of the different educational levels of the country, and who are affiliated with the HOUSING COMMITTEE OF TEACHERS AND AUXILIARIES OF HONDURAS (PROVIDOAH), which has Legal Status No. 786-2013.
Articles
To authorize the Secretary of State in the Finance Office to transfer financial resources to the corresponding trust fund in the month of January of each year. Additional funds for this purpose must be accredited.
The beneficiaries of this Decree have the right, regardless of the value of the housing, to the benefit of the Subsidy that corresponds to them by law in accordance with Legislative Decree 348-2002 of October 24, 2002, published in La Gaceta on November 19, 2002, up to an amount of FORTY-ONE THOUSAND SIX HUNDRED LEMPIRAS (L.41,600.00), plus the additional financial resources that will be granted up to TWENTY THOUSAND LEMPIRAS (L 20,000.00), making a total benefit of SIXTY-ONE THOUSAND SIX HUNDRED LEMPIRAS (L 61,600.00) for each of the housing units.
The granting of additional financial resources is subject to the modification to be made to the "Regulation of Certificate of Eligibility for the granting of the Subsidy of the Housing for People Program" so that it does not affect the benefit pursued by this Decree for the selected group, authorized in Agreement No. 113-2003 of January 16, 2003, which must contain the specific conditions for its granting by the directors and auxiliary personnel of the different educational levels of the country who are affiliated to THE HOUSING COMMITTEE FOR TEACHERS AND AUXILIARY PERSONNEL OF HONDURAS". The Honduran Bank for Production and Housing (BANHPROVIT) is urged to proceed with the modification of said regulation.
For financial redisbursements to direct beneficiaries, funds from the following credit institutions may be used: National Institute of Pensions and Retirements of Employees and Officials of the Executive Branch (INJUFEMP), Honduran Bank for Production and Housing (BANHPROVIT), Private Contribution Regime (RAP), or any other institution of the national financial system, provided that it complies with the accreditation requirements demanded by each of the aforementioned institutions.
The beneficiaries of the Project referred to in this Decree are obliged to contribute qualitatively and quantitatively to pre-basic, basic, secondary, and higher education and are committed to teaching at least two hundred (200) school days per year.
This Decree shall enter into force as of the day 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 twentieth day of the month of January of the year two thousand fourteen. MAURICIO OLIVIA HERRERA PRESIDENT, BY LAW GLADIS AURORA LOPEZ CALDERON SECRETARY ANGEL DARIO BANEGAS LEIVA SECRETARY SEND TO THE EXECUTIVE BRANCH ON THE DATE FEBRUARY 26, 2014. THEREFORE, LET IT BE EXECUTED TEGUCIGALPA, M.D.C., MARCH 18, 2014. JUAN ORLANDO HERNÁNDEZ ALVARADO PRESIDENT OF THE REPUBLIC THE SECRETARY OF STATE IN THE EDUCATION OFFICE MARLON ESCOTO HONDURAN PRESS BODY FOR THE GREATER SECURITY OF ITS PUBLICATIONS LIC. MARTHA ALICIA GARCIA JORGE ALBERTO RICO SALINAS Coordinator and Supervisor Mirafores Colony Telefax Management 2230-2856 Administration 2230-2857 Plant: 2230-2767 GOVERNMENTAL CIVIC CENTER
Related laws
- Law on Housing Financing for Teachers 2014 — This law authorizes the Government to provide additional funds to BANHPROVI Bank to finance 12,000 homes for teachers and education support staff in Honduras between 2014 and 2017. Each teacher receives a subsidy of up to 61,600 lempiras to access adequate housing according to their income. (Decree 401-2013, 2014)
- Framework Law on Housing and Human Settlements — This law creates a comprehensive housing system in Honduras that guarantees access to dignified homes for low-income families. It establishes the State Secretariat of Housing (SEVIAH) as responsible for designing housing policies, creates the Honduran Housing Fund (FONHVIVIENDA) that grants subsidies called "bonuses", and defines financing mechanisms such as mortgage loans and financial leasing with purchase option, especially benefiting vulnerable populations. (Decree 173-2019, 2020)
- Framework Law on Housing and Human Settlements — This law creates a comprehensive housing system in Honduras with a new State Secretariat that coordinates policies so families can access dignified homes. It establishes the Honduran Housing Fund (FONHVIVIENDA) that grants non-reimbursable housing vouchers to low-income people, and regulates long-term loans and financial leasing for purchasing or building affordable housing. (Decree 173-2019, 2020)
- Ministerial Agreement 305-A-SEDESOL-2024 — This agreement creates a reparations program for families of victims of Honduras' 2009 coup d'état. It provides economic compensation, study scholarships, medical and psychological care, housing, legal advice, and priority employment, administered by the Ministry of Social Development through the Social Care Unit, funded by the National Treasury and international institutions. (Decree Ministerial-305-A-SEDESOL-2024, 2024)
- 2013 Tax Revenue Plan (amdc) — This 2013 Tax Plan establishes the municipal tax system for Tegucigalpa. It defines the taxes that individuals and businesses must pay (property, business, personal income, natural resources), service fees charged by the municipality (garbage collection, firefighting, permits), and penalties for non-compliance. It applies to all residents and businesses in the municipality.