Applicants qualified are being verified by the Central Housing and Planning Authority (CH&PA) to benefit from the government’s cement and steel initiative in Region Three.
It was revealed that some 28 applicants from the region who have been pre-approved under the initiative are expected to receive the vouchers for their supplies within two weeks.
This is a part of the government’s commitment to growing the housing sector while making homeownership affordable. The announcement was made by Housing and Water Minister, Collin Croal during the ‘Dream Realised’ housing drive at the Leonora Synthetic Track and Field Facility on Wednesday.
“There are a number of applicants who have been pre-approved, so the verification is complete for about 28 applicants to date in Region Three,” Minister Croal stressed. It was noted that this programme was unveiled by President Irfaan Ali back in July.
As such, any person who owns land is eligible for the programme but they must have a development plan that has received pre-approval.
Therefore, persons constructing homes for $6M GUY or less are eligible for steel and one sling of cement for the foundation. Homes that cost more than $6M GUY and up to $25M GUY will receive two slings of cement.
Further, persons can register for the programme by uplifting forms from the Housing and Water Ministry. Forms can be downloaded from either the ministry and CHPA’s website at mohw.gov.gy or chpa.gov.gy.
Additionally, the government is expected to invest approximately $700M GUY in the programme by the end of the year.
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