The Secretary of Housing and Urban Development and the Overseas Private Investment Corporation donated US$20 million to the Municipality of Santo Domingo to finance low cost housing for dwellers of barrios of the capital that were affected by Hurricane Georges last year. City Mayor Juan de Dios Ventura Soriano said that the investment is enough to build 5,000 homes at a cost of RD$64,000 each. Ventura traveled to Washington, D.C. on Friday to sign the agreement. He said this will help finance the most important relocation project of the Municipality.
