The Caribbean Development Bank is providing Barbados with a US$36 million loan to assist with Government’s programme of providing housing for lower income earners not eligible for mortgage financing or who are unable to afford their own homes.
The housing programme will provide 316 housing units at eight different sites mainly in urban areas.
Regionally, the Barbados-based bank said it had approved more than US$120 million in grants and loans to several Caribbean Community (CARICOM) countries for development projects. (CMC)
US$36m for lower income housing
Previous article
Next article
Related Articles
Boisterous visitors must pay for damage
By Sandra Downes
Magistrate Jared Richards assured an accused man on Wednesday that no damages will be paid to...
AG: Bid to block extradition failed
The man who was extradited from Barbados to the United Kingdom (UK) last week failed in his bid...
Crackdown on Two Sons
A multi-ministry crackdown has forced the temporary closure of one of Barbados’ oldest funeral homes.
This action has left...
Media blitz ‘to raise Barbados’ profile’
Foreign and regional media had a profound impact on this year’s Crop Over Festival.
Minister of Tourism and International...