PostEarthquake

Mérida, July 14, 2026 (venezuelanalysis.com) – The Venezuelan National Assembly preliminarily approved two laws granting expanded benefits to landlords and the private real estate sector as part of authorities’ post-earthquake reconstruction plans.

The Tuesday session was held at Simón Bolívar Park in La Carlota, Caracas, after the legislative palace suffered damage from the June 24 double tremor.

The Venezuelan legislature voted in favor of a Law for the Special Regime of Housing Property Leasing and a partial reform of the Law Against Real Estate Fraud. Both projects will now be subject to consultations and revisions before being put to a second and final vote.

“Our main task with this reform is to stimulate the housing rental market,” National Assembly Vice President Pedro Infante stated. “We have to strengthen the legal certainty for property owners and also protect tenants. It’s a legal balance.”

Infante added that officials estimate that there are around 200,000 homes that could enter the rental market but that parliament has to “untie the knots that are holding this market back.”

The existing legislation governing housing rentals was enacted by former President Hugo Chávez in 2011 and it is highly protective of tenants. Grassroots movements participated directly in several housing laws.

In a recent press conference, National Assembly President Jorge Rodríguez called the current law “regressive” and argued that parliament needed to make property owners feel “more secure in renting their properties.” Real estate chambers have long lobbied for reforms to housing laws.

The preliminarily approved bill expands conditions for landlords to evict their tenants, including two months of unpaid rent, deterioration of the property, or unauthorized subletting. It additionally establishes that disputes are to be resolved via mediation or municipal courts. Tenant movements have recently denounced a growing trend of landlords bringing “invasion” charges against tenants as a way to evict them, with the complicity of public prosecutors.

The partial reform of the law against real estate fraud, likewise approved during Tuesday’s session, loosens conditions for the sale of housing properties yet to be built or under construction while also reducing collateral requirements for developers.

“The reform seeks to guarantee better conditions, legal security, and financing capacity so that the private sector initiates an aggressive, accelerated process of housing construction,” Infante explained, adding that it “removes rigid price schemes,” allowing real estate developers to factor “variations in the costs of materials in supplies” into house prices.

Under the updated law, house sale and pre-sale contracts no longer need to be individually approved by government housing authorities. Instead, the governing body will publish a set of general rules. According to the reform text, banks that finance real estate projects will no longer be liable for their non-completion, with legislators arguing that the measure will boost credit options.

Deputy Alejandra Rodríguez, from opposition party Un Nuevo Tiempo, endorsed the preliminary housing reforms for seeking a “balance between the right to housing, the protection of private property, legal security, and the promotion of responsible investment.”

Venezuelan authorities have prioritized finding housing solutions with over 20,000 people forced into temporary shelters after losing their homes in the June 24 double earthquake, most of them in coastal La Guaira State. The latest official figures placed the death toll at 4,734, with nearly 17,000 injured.

Venezuelan Acting President Delcy Rodríguez has launched the “Venezuela Renace” program to conduct inspections and repair works in affected buildings, as well as revitalize the construction sector to generate new housing complexes in a short time frame. She likewise called on public and private banks to expand mortgage programs, vowing that the government would subsidize them up to 80 percent.

On Monday, Rodríguez met with representatives from business chambers, including construction and real estate, and reiterated calls for the private sector to participate in the post-earthquake reconstruction. 

“Every person who lost their home should have hope of being under a new roof in the short term,” she stated.

Rodríguez announced that the government is working on construction plans in La Guaira alongside the Venezuelan Construction Chamber and the Venezuelan Real Estate Chamber. Authorities are conducting soil studies and identifying potential land plots. She recalled that the export of construction materials is presently banned.

The acting president assured those present that Venezuela remains on a path of economic growth and that household consumption had risen by 33 percent in June.

Rodríguez reiterated calls for the removal of economic sanctions against the country and ongoing efforts to secure the release of frozen Venezuelan assets, including gold reserves held by the Bank of England.

Edited by Ricardo Vaz in Caracas.

Caracas, July 9, 2026 (venezuelanalysis.com) –  Venezuelan Acting President Delcy Rodríguez has called on UK King Charles III to release her country’s gold reserves held at the Bank of England in order to finance relief and reconstruction efforts following the devastating earthquakes that struck Venezuela on June 24.

“I have decided to send a letter, among others, to the King of England asking for the release of the gold being held at the Bank of England. That gold belongs to our people and should be used to address the terrible, tragic consequences of the twin earthquakes,” Rodríguez said in a televised broadcast on Wednesday.

The acting president also revealed that she held a phone conversation with International Monetary Fund (IMF) Managing Director Kristalina Georgieva to discuss the release of Venezuelan resources that remain blocked by the institution.

Earlier on Wednesday, during a virtual meeting with the UN Office for the Coordination of Humanitarian Affairs (OCHA), Venezuelan Foreign Minister Yván Gil likewise urged countries holding Venezuelan assets abroad to “begin a process of releasing” those funds so they can be used for the country’s recovery.

Gil specifically referred to the gold reserves held by the Bank of England and Venezuelan funds blocked under US sanctions. Around 31 metric tons of gold, currently valued at approximately US $4.2 billion, remain frozen in London. In addition, nearly $5 billion in Special Drawing Rights (SDRs) allocated by the IMF in 2021 also remain inaccessible.

On Wednesday, Rodríguez and Georgieva reportedly discussed the use of Venezuela’s $350 million SDR reserve fund, which is different from the SDR allocation.

On June 25, the US Treasury’s Office of Foreign Assets Control (OFAC) issued General License 60, authorizing earthquake relief-related transactions until October. However, OFAC’s waiver does not authorize the unblocking of assets subject to US sanctions regulations or “any other transaction or activity prohibited by another Executive Order.”

Meanwhile, 113 prominent economists, including Isabella Weber, Jeffrey Sachs, and James K. Galbraith, signed an open letter calling for immediate action to “unfetter Venezuela’s humanitarian response and reconstruction from ongoing economic and financial sanctions, asset freezes, and onerous debt burdens.”

“We urge governments, international financial institutions, and creditors to act now, on the principle that lives, public health, and economic recovery take precedence over coercion and collection,” the statement read. The economists suggested mechanisms including emergency liquidity, sanctions relief, and debt cancellation as a “minimum response […] to allow Venezuelans to rebuild with dignity.”

Along similar lines, UN Emergency Relief Coordinator Tom Fletcher warned that the earthquakes are likely to generate “a very difficult economic situation” that could reduce Venezuela’s GDP by “several percentage points,” arguing that sanctions “must be eased so they do not hinder the arrival of humanitarian assistance or recovery efforts.”

Fletcher added that during emergencies, access to financial resources, banking channels, and international cooperation mechanisms can determine how quickly aid, supplies, and reconstruction funding reach affected communities.

Preliminary assessments by the United Nations Development Programme (UNDP) estimate infrastructure and essential services losses at approximately US$6.7 billion. However, the final figure could reach $8.7 billion, depending on housing and asset losses, and the estimates do not include the full extent of infrastructure damage or the long-term reconstruction costs.

For its part, the UN Office for Disaster Risk Reduction (UNDRR) estimates that rebuilding Venezuela will require approximately $37 billion. According to its assessment, $24 billion would be needed to replace damaged buildings—including homes, schools, businesses, and hospitals—while another $13 billion would be required to repair critical infrastructure such as telecommunications, highways, and electricity networks.

Different analyses have placed the recovery costs between $12 and $20 billion.

So far, however, the Trump administration has pledged $300 million in humanitarian assistance, whereas Venezuela’s US-based frozen assets are valued at $11-13 billion. The White House also retains control over Venezuela’s oil export revenues, returning a portion of the funds to Caracas at its discretion.

Rodríguez announced on Wednesday that countries offering humanitarian aid can monitor its distribution through a digital platform used to coordinate deliveries across the 87 temporary shelters established for displaced families throughout the country. The acting president has vowed to prioritize the well-being of families who lost their homes and to provide new housing solutions in the coming months.

The latest official update placed the death toll from the earthquakes at 3,889, while the number of injured remains at 16,740 and the number of displaced people stands at 17,907.

Edited by Ricardo Vaz in Caracas.

Caracas, July 2, 2026 (venezuelanalysis.com) – United States Southern Command (SOUTHCOM) Commander General Francis Donovan has announced the deployment of some 2,000 military personnel in response to Venezuela’s June 24 earthquakes.

“The US military, the Department of War, has roughly 2,000 teammates in the area on land, air, and sea around Venezuela,” Donovan said in a Wednesday press briefing. On Tuesday, Donovan told Reuters that US forces had 900 servicemen and women in Venezuelan territory.

The US general claimed that the military presence aims to improve logistics and that US forces will leave once “they are done.” He also expressed confidence that the mission would improve “military-to-military” relations with Venezuela.

Washington activated its response force in the wake of the 7.2- and 7.5-magnitude double earthquakes that caused widespread destruction in the Caribbean nation, especially in coastal La Guaira State. The latest official figures reported 2,295 dead and over 11,000 injured, with thousands still declared missing.

Alongside specialized urban search and rescue units, US forces have also dispatched a significant contingent of Marines together with air and sea assets.

After carrying out repair works on a runway, the US Air Force’s Contingency Response Element (CRE) has been conducting “airfield management, air traffic coordination, communications, and security” at the Simón Bolívar International Airport. SOUTHCOM press releases have documented the arrival of multiple military transport aircraft, while MQ-9 Reaper drones and combat helicopters have conducted intelligence reconnaissance over Caracas and other affected areas.

US forces have likewise taken a position at La Guaira port with the docking of the amphibious USS Fort Lauderdale warship. US officials have assessed conditions and necessary works at the port and aim to establish a “vital command-and-control node” for the delivery of humanitarian aid.

In a Thursday press conference, Venezuelan Acting President Delcy Rodríguez thanked US President Donald Trump and Secretary of State Marco Rubio for their “permanent contact and support.” She went on to acknowledge the US’ “major logistical deployment to receive humanitarian aid.”

Since the January 3 military strikes on Caracas and kidnapping of Venezuelan President Nicolás Maduro, the Trump administration has dramatically increased its foothold in the Caribbean nation. The Venezuelan legislature has approved multiple reforms catered to Western corporate interests, while oil export revenues are currently controlled by the US Treasury Department.

In addition, US forces ran military drills over Caracas on May 23 and conducted an extrajudicial execution of an alleged gang leader in southeastern Bolívar state in June in “coordination” with Venezuelan security forces.

Following the recent natural disaster, the US Treasury Department issued a time-limited license allowing relief-related transactions with Venezuela while maintaining its wide-reaching sanctions regime in place.

Washington and its allies likewise hold billions worth of Venezuelan frozen assets, including 31 tonnes of gold deposited at the Bank of England that the UK government has refused to release.

Edited by Lucas Koerner in Caracas.

[Updated on July 3 to include Rodríguez’s comments]

Caracas, June 30, 2026 (venezuelanalysis.com) – Venezuelan Acting President Delcy Rodríguez has created a Presidential Commission for the Assessment of Housing and Infrastructure Habitability following the 7.2- and 7.5-magnitude earthquakes that struck the country on June 24.

The commission, chaired by structural engineer Francisco Garcés, began its work on Monday, June 29, in the states of La Guaira and Miranda, as well as in Caracas, carrying out scientific and technical evaluations of buildings, bridges, overpasses, and road infrastructure.

The inspections will deliver a traffic light-style assessment system developed by the Venezuelan Seismological Research Foundation (FUNVISIS) and the Central University of Venezuela (UCV) to classify the level of structural damage through a rating system that is easily understood by the public.

“We have created a traffic light system to determine whether a building is habitable, using the colors green, yellow, and red, so that this commission on housing and infrastructure can decide whether a home is safe to continue occupying,” Rodríguez said during a televised broadcast on Monday.

Under the system, green identifies homes that are structurally stable and safe for occupancy without significant risk. Yellow indicates buildings with moderate or partial damage that require repairs before they can be safely reoccupied, while red designates structures that have suffered total loss or critical structural damage.

“We have found buildings whose structural systems—beams, columns, and frame structures—have not sustained significant damage. However, the masonry has been severely affected. This means these buildings are repairable but cannot be inhabited until damaged walls and enclosure elements are removed and rebuilt,” Garcés explained to Venezuelan media.

The commission brings together specialists from the Ministry of Habitat and Housing, the Ministry of Public Works, the Venezuelan College of Engineers, the Venezuelan Chamber of Construction, Funvisis, and the Engineering Corps of the Bolivarian National Armed Forces.

It is also supported by several academic institutions and will coordinate efforts with governors’ and mayors’ offices from the hardest-hit regions.

“We have deployed several teams of engineers specialized in structural engineering,” Garcés added. “After receiving training in the use of the damage assessment forms, they are able to determine the condition of a structure and recommend the appropriate course of action.”

The acting government has also launched training programs so that professors, graduates, and senior engineering students with the required technical background can join the inspection teams. Authorities say the initiative likewise aims to address public fears among residents who remain hesitant to return to their homes.

Rodríguez additionally announced plans to build thousands of new homes by the end of the year.

According to official figures, the earthquakes have left 189 buildings completely destroyed as well as 585 structures with severe damage or partial collapse. There have been 38 hospitals and 44 shopping malls affected, and 1,645 additional structures, mainly bridges and roads, have sustained damage.

Multiple corporate media outlets have launched claims that the buildings from Venezuela’s Great Housing Mission (GMVV) were especially damaged by the earthquake. However, analysis from open-source tracking of damaged buildings has shown that only a very small percentage of affected structures belong to the housing mission. Former President Hugo Chávez launched the massive program in 2011 to provide housing at next-to-no cost for working-class families.

So far, Venezuelan authorities have reported 1,943 dead, 10,571 injured, and over 15,000 displaced families as a result of the double earthquake. The disaster has seen emergency teams arrive from 27 countries to assist in search-and-rescue operations. For its part, the US Southern Command (SOUTHCOM) has deployed multiple military assets and is managing operations at Simón Bolívar International Airport, the South American country’s main air hub.

Alongside the disaster in Venezuela’s northern central region, the Caribbean nation has been struck by further emergencies in recent days. Torrential rains caused rivers to overflow in western Portuguesa state, leaving an initial toll of 100 displaced families. Further west, firefighters have been working to bring forest fires under control since last Friday.

Edited by Ricardo Vaz in Caracas.