Project DescriptionTEXT FROM ELEMENTAL:
In the Mexican housing market, the cheapest solution that is offered is about $30,000 dollars. So the poor are not being reached. We developed an improved version of housing complexes found in Iquique, Chile, where houses are placed underneath, and duplex apartments are fixed on top. The initial cost of these are $20,000 dollars, but can achieve a middle-income housing standard of 72 square meters after additions and expansions. The efficiency in land use, without overcrowding, allowed us to purchase land in a neighborhood where the average cost is $50,000 dollars. We expect the families to benefit from that value gain, and from the fact that cost of land expresses close availability of services and opportunities.
This text has been edited for brevity.