Wednesday, April 24, 2024

Govt launches HOPE project at Lancaster

Date:

Share post:

Government is off to a good start towards achieving its goal of 640 housing solutions in this financial year, breaking ground earlier today on construction of 165 middle-income units under the Home Ownership Providing Energy (HOPE) initiative at Vespera Gardens, Lancaster, St James.

Speaking at the launch of the project, Prime Minister Mia Amor Mottley explained that this was a major step in solving the longstanding challenge of affordable housing.

Mottley said that apart from being a basic human need, housing was one of the surest ways that a country could empower its citizens.

“The housing needs of Barbadians are multifaceted and because there are different needs we expect, over the course of the next few months, to see a number of different responses coming forward . . . . This HOPE project will allow us to have affordable houses at rates of $800 per month for a two-bedroom house and $1 000 repayment for a three-bedroom house,” said Mottley.

Thirty-two homes have been earmarked for the Lancaster site, while similar developments will take place at Colleton, St Lucy and St John within the next 18 months.

While explaining the HOPE project last year, Mottley had said: “We have just agreed to the establishment of a company called HOPE Inc. and HOPE Inc. will essentially undertake housing . . . . So put simply, those potential owners, who are prepared to enter a contract to assign the benefits of their roof for energy production through solar photovoltaic panels, will then be able to have access to the land on which their house will be built, without having to pay for the land. (CLM)

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Prescod: Don’t pay Drax a cent

Government would be wrong to pay the controversial Drax family $8 million to acquire the St George estate’s...

Fashion designer Nancy Gonzalez jailed for smuggling crocodile handbags into US

A celebrity handbag designer whose products have been used by Britney Spears and on Sex And The City...

TikTok faces US ban as bill set to be signed by Biden

The US Senate has approved a controversial landmark bill that could see TikTok banned in America. It gives TikTok's...

Broad Street to be paved over Heroes weekend

The Ministry of Transport and Works, through its contractor Infra Construction Inc., will mill and pave Lower Broad...