3,750 house lots targeted for distributions this year-Budget
A target of 5,500 house lot allocation has been announced for this year with 3,750 land titles to be distributed.
This is according to Minister of Finance, Dr Ashni Singh, during his presentation of the 2010 National Budget in Parliament, on Monday, where it was disclosed that $2.8B will be spent in the housing sector.
Additionally, under the Second Low Income Settlement Programme, $1.5B will be spent to create over 1,500 new house lots.
The Minister, speaking on the housing sector, was convinced that the government’s programme of housing development and promotion of home ownership is one of its flagship achievements.
Last year alone, $7.5B was expended on the sector which saw 4,334 house lots being processed and 4,257 land titles being allocated, surpassing the targets of 2,000 house lots and 2,500 titles.
One of the major reasons for this performance was the revival of the “one Stop Shop” outreach conducted in Regions Two, Three, Four, Five, Six, Nine and Ten to which over 10,000 persons responded.
It assisted in greatly improving the response time for the processing of the applications, the conducting of interviews and the allocations of house lots, Singh said.
Last year, over $1B was spent for infrastructural development of housing areas, including the construction of roads, drains and structures at Parfait Harmonie and the upgrading of roads at Mon Repos and Number 77 Village for 800 house lots.
The latter benefitted 4,000 persons, while another $4B was expended to acquire lands from GuySuCo for the development of more houselots on the East Bank of Demerara.
Last year also, $2B was allocated to the establishment of a low income housing fund to enable citizens who have been allocated lots but are unable to build because of inability to access the normal financial systems.
Since December, 150 persons last year used a new service feature which allows persons to apply online to access plans, and build policies, codes and guidelines.
Of the total allocated, $1.1B will be spent this year to improving roads and water distribution in areas including Anna Catherina, Plantation Schoonord and Hope Estate, which will benefit almost 7000 households.
Under the Second Low Income Settlement Program, the $1.5B will be used in 2010 to begin construction of house lots in six new sites- Block 8 Tuschen, Section EE Non Pareil, Ordnance/Fortlands, Number 76 Village, Five Miles Bartica and Amelia’s Ward, Linden.
In addition, this year, 80 core houses and the distribution of 100 subsidies to low income households is planned for this year.