SANTO DOMINGO, Dominican Republic — President Luis Abinader relaunched the government’s Mi Vivienda home-ownership programme on 4 December 2025, with a target of 8,381 new apartments for low- and middle-income families.
Housing Minister Carlos Bonilla said the apartments are expected to benefit more than 25,000 people and form part of the country’s ten-year housing plan for 2022–2032, according to the presidency. State bank Banreservas is offering mortgages at a fixed 8 per cent for seven years. Bonilla said the state would cover close to half of each home’s value, with combined subsidies and tax bonuses of up to RD$1.2 million.
Diario Libre reported that eligible families must earn less than four minimum wages (under about RD$100,000 a month) and must not already own property. The largest projects are in Santo Domingo North (more than 2,000 units), Santo Domingo East (1,749 in the first phase) and San Antonio de Guerra (780).
What it means
Analysis: A subsidy covering up to half the price, backed by a fixed-rate state mortgage, creates a large pool of qualified first-time buyers for developers with approved projects. At the same time, a steady supply of subsidised units may restrain price growth at the entry level of the Santo Domingo market.
Editor’s note: This article was added to the Jamaica Homes News archive on 30 September 2026. It reports events from December 2025 and is dated to when they were reported.
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