The Housing Development Corporation (HDC) has signed a contract with NH International (Caribbean) Limited for the construction of 160 apartments in Mt Hope.
They consist of 120 three-bedroom apartments and 40 two-bedroom apartments.
The contract is a form of public-private partnership whereby NH International has obtained its own financing to fund the cost of the design and construction of the project.
Former housing minister Dr. Roodal Moonilal is questioning whether public housing policy is being held up by a personal feud between two key players.
According to the former housing minister, the prime minister must explain whether the Finance Minister Colm Imbert is declining to give a government guarantees to NH International Caribbean Limited because of an ongoing private legal row involving the minister and the company’s chairman Emile Elias.