The new board for the Housing Development Corporation (HDC) has been fully constituted, with Noel Garcia being appointed as Chairman.
Mr Garcia received his Instrument of Appointment as Chairman from Minister of Housing and Urban Development, Major General (Ret’d) Edmund Dillon, last Friday 10 January, 2020.
Other members of the Board include: Mr. Kurt Winston Salandy, Mr. Keston McQuilkin, Dr. Jeffrey Reyes and Mrs. Saira Samlal-Ramlogan.
The Housing Development Corporation has issued a statement on the action it took this morning at Oropune Gardens following complaints from residents about rising crime in the area and other illicit activities.
Below is the statement from the HDC:
Works and Transport Minister Rohan Sinanan yesterday warned squatters of Pine Settlement, Sangre Grande, that they had no claim to seek compensation when Government acquires State land for the $400 million Cumuto to Manzanilla Highway project.
Sinanan made the comment in response to Monday’s T&T Guardian front page article headlined Land Bobol, which highlighted a rush of new squatters at Pine Settlement, who were erecting concrete structures in the direct pathway of the proposed Cumuto/Manzanilla Highway project.
Under the stewardship of Minister of Housing and Urban Development, Edmund Dillon, the Land Settlement Agency has distributed 37 Certificates of Comfort to families in Crown Trace, Enterprise, Chaguanas.
A Certificate of Comfort issued by the Land Settlement Agency, is the first stage in the regularization of tenure process.
Only squatters who were occupying state land prior to January 1, 1998 could have made an application for a COC on or before October 27, 2000.
Minister in the Ministry of Finance, Allyson West, says Government does not anticipate Property Tax being due this year as valuations are still progressing slowly while they await the outcome of the matter that is currently before the courts.
While Minister Colm Imbert announced a tax amnesty for three months, yesterday there was no word on the due date for property tax payments.
In 2017, the Ministry of Finance put out a press release requesting property owners to complete and submit valuation forms along with relevant documents.
The International Finance Corporation (IFC), a member of the World Bank Group, has approved a loan to Republic Bank (RBL) for US$75 million to help address Trinidad and Tobago’s affordable housing deficit.
IFC’s funding will support Republic Bank’s strategic plans to increase exposure to residential mortgages from 20 percent of its total loan portfolio to 25 percent, helping thousands of middle-income families become homeowners, RBL said in a media statement.
Repair works will soon begin on homes in Oropune Gardens following floods in October.
The homes are being refurbished by the Trinidad and Tobago Housing Development Corporation (HDC).
Plans have been approved for work to begin next week.
The Housing Development Corporation (HDC) is making it clear that it does not accept money to expedite the allocation of housing.
In a statement issued Tuesday the HDC says there are over 180,000 applicants on the public housing database.
It says that this figure reflects the increasing demand by low and middle income families for Government-subsidised housing.
It notes that this demand for housing may expose the public to incidents of fraud where applicants may decide to pay cash to nefarious individuals in the hope of expediting their housing application.