President (E) Delcy Rodríguez urged public and private banks to activate mortgage portfolios with up to 80% subsidy
Presidential Press
Published at: 04/07/2026 07:54 PM
The president in charge of the Bolivarian Republic of Venezuela, Delcy Rodríguez, urged public and private banks this Saturday to activate mortgage portfolios with up to 80% subsidy.
“We have already established contact with both public and private banks to activate the mortgage portfolio with up to 80% subsidy,” he said in statements to Venezolana de Televisión (VTV), after holding a meeting with the Economic Council.
He also announced that all fees and taxes related to rental records and real estate purchases “will be exempt.”
Rodríguez also decreed “the prohibition of exporting materials that have to do with construction. Venezuela is entering a process of recovery, of infrastructure recovery, of housing recovery. There is actively the Presidential Commission that is verifying housing by house if the place is habitable or not,” he emphasized.
Mazo News Team