No mortgage, rental payments until January for flood-affected HDC residents

Households affected by flooding will begin getting flat cheques from tomorrow, amounting to $15,000 for households without children and $20,000 for households with children, Prime Minister Dr Keith Rowley announced on Thursday.

In addition, Housing Development Corporation (HDC) residents affected by the floods will have their mortgage and rent payments deferred until January 2019, to allow them to have more money to recover.

HDC residents pay mortgages to the Trinidad and Tobago Mortgage Finance Limited and rent payments are made to the HDC.