Wednesday, May 8, 2024

Millions owed to NHC

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The Government is owed more than $9 million in rent by residential and commercial tenants.

This was revealed by Minister of Housing, Lands and Rural Development George Payne in response to questions posed in the popular Saturday Sun’s Question Time column that targets those in authority to hold them accountable.

Payne said that a sum of $6.2 million was owed to the National Housing Corporation (NHC) while the Crown was owed just over $3 million in rent, with commercial tenants owing just over 90 per cent of the latter.

On the other hand, prior to the Government’s BERT programme, the Government owed private landlords $44 million as of July last year. The bulk of that money, $35.24 million, is owed to the National Insurance Department and a $4.78 million share to Barrack’s Construction, the company with which the Government has been locked in a battle with over the office building at Warrens, St Michael. (AC)

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