November 18, 2024

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Housing Ministry’s home construction assistance programme sees significant response from Region 6 residents

Region Six residents signing up for the housing construction assistance programme

The Home Construction Assistance Programme in New Amsterdam and Skeldon, Region Six (East Berbice- Corentyne) was launched on Tuesday by the Housing and Water’s, Central Housing and Planning Authority (CHPA).

It was revealed that the programme, which is a brainchild of President Irfaan Ali aims to provide assistance to citizens who own lands acquired through CHPA, or privately to access financing to construct their homes.  It was noted that a number of Berbicians registered for the initiative and received on the spot pre-qualification for loans at the banks, while others capitalised on the opportunity to query about their applications, and other housing related matters.

Minister Collin Croal during brief remarks at the event at the Regional Democratic Council compound in New Amsterdam, disclosed that the programme was crafted to help to reduce some of the financial challenges citizens face as a result of the global crisis.

 

Region Six residents signing up for the housing construction assistance programme

Croal disclosed that the ministry’s partnership with the commercial banks will allow persons to get easier access to loans. He said more importantly, qualified persons will be able to use their land as collateral. “This programme will not only provide a safe space for you and your families, but it will also make for a stronger community, and be a source of employment and entrepreneurship, and this in turn will help your region develop,” the residents were told by Croal.

The minister pointed out that under the programme, applicants can select one of three categories of units available.  These, he said are, two-bedroom flat units costing $7M, three-bedroom flat units for $9M and the three-bedroom elevated units at $12M.

Croal went on to disclose that over 300 persons had thus far applied for the programme since it was launched on May 30 at the Ministry’s Head Office on Brickdam, Georgetown. The programme was launched in Regions Four and 10.

The minister further explained that the programme seeks to accelerate the government’s national housing drive, while also addressing challenges faced by Guyanese families who have acquired lands, but are unable to build their homes, due to inaccessibility to financing, and issues with contractors.

Minister Croal noted that the application process continues and persons can visit the regional office in New Amsterdam from Monday to Friday during working hours. He added that persons can also visit the ministry’s website at www.mohw.gov.gy or www.chpa.gov.gy.