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No plans for housing scheme project this year!

The housing scheme was seen by Hodge as a project that will reduce the high rent cost. Photo: VINO
ROAD TOWN, Tortola, VI – The housing scheme, which was touted by the previous Minister for Natural Resources and Labour (MNR&L) Hon. Omar Hodge to be the ideal machination to alleviate the high cost of rent, has been shelved – at least for this year.

Permanent Secretary within the MNR&L Ronald Smith-Berkeley during the 2012 Standing Finance Committee (SFC) deliberations told House of Assembly (HOA) members “nothing would be done in 2012” after he was asked to elaborate on its subhead.

Hodge in an interview with this news site in January 2011, had explained how the scheme would have worked. According to him, a developer would have built several units with the financial backing of Government, which would then be handed over to residents at a “very affordable rate”.

He had added, due to the “economic will of the administration finances” the developers would have used their own funds to build but Government would have paid them as they go. The buildings were to be constructed on Crown lands.

“That is why we are trying to give out all this land here so that people will have the privilege to go to the bank with a guarantee from the Cabinet so the contractors would not have too much of a problem and the liability for Government will just be minimal,” Hodge had added.

7 Responses to “No plans for housing scheme project this year!”

  • rat trap (25/04/2012, 08:43) Like (0) Dislike (0) Reply
    berkley playing poltricks it seems
  • dude (25/04/2012, 08:57) Like (0) Dislike (0) Reply
    Housing Projects & tourists markets don't mix well.
  • gone backwards (25/04/2012, 12:50) Like (0) Dislike (0) Reply
    so how the poor will get a lil lil house boss? strupppsss
  • LOOK SIMILAR TO OTHER COUNTRIES (25/04/2012, 13:03) Like (0) Dislike (0) Reply
    people Housing scheme is not a good direction. That is like the projects in the states...why bring that here...that is just asking for problems.
    • Mad man (25/04/2012, 23:39) Like (0) Dislike (0) Reply
      scatter your self this is not the states and you can build them just like they are in TT, Jam-down, St. Lucia and st.kittss..NDP full of crap as this was supported by Paul P he must be turning in his grave to see tis.
    • real ass (26/04/2012, 08:46) Like (0) Dislike (0) Reply
      you must be a very smart person....lmao you sound so stupid
  • no love (25/04/2012, 20:57) Like (0) Dislike (0) Reply
    gived us our paper for ourt damde crown land


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