The government will build a housing project exclusively for Dominican expatriates. The 1,000 unit development will go up in the proximity of the Quinto Centenario Race Track, along the Autopista de las Americas. It calls for a US$50 million investment that will be shared by the government and the private sector. The announcement was made by the director of the Instituto Nacional de la Vivienda, architect Joaquín Gerónimo, who said that a government commission and investors will travel to several states in the U.S. and other countries to explain the financing facilities that will be available through Dominican banks and savings and loans associations.
