The legislative assembly approved hte Monday night unanimously the case No. 17,797, "Modification of the Law of National Financial System for Housing and Building" of the "Banco Hipotecario de la Vivienda"(BANHVI), No. 7052 and its reforms", with what would soon go into effect the called Deferred Bonus.

The libertarian deputy and proponent of reform, Patricia Pérez Hegg said that the changes help to increase the chances for 350,000 families to access housing loans, through accompaniment in the payment of fees or deferred bonus.

The bond will allow that it would be financed part of the cost of housing for families who were previously excluded from the beneficiated group of housing bonds. This reform would benefit families with incomes up to ¢ 1,121,000. Previously there were only allowed access to these resources to families who had an income of ¢ 734,000.

The deferred bonus proposal was seen by various financial institutions as a growth opportunity in the credit granted in 2011.

This will expand the options available for the middle class to access housing, which have been limited before so if you want to get a property don't hesitate and contact our Costa Rica Real Estate Agent.