SSB funded housing scheme coming to VG in 2017- Hon O’Neal
Hon O’Neal made the announcement at a public meeting geared at updating the people on the progress of work being done as well as plans for the district at the Catholic Community Centre in Virgin Gorda on the evening of Wednesday, November 9, 2016.
According to him, this project will be a duplication of what is happening in Tortola where the Social Security Board (SSB) recently acquired property for the purpose of developing a housing scheme.
He explained that he is working alongside the SSB for the mortgages.
“The advantage we have is we have a lot of available Crown land, so individuals who have been given Crown grants, they can use that as collateral, they have a head start then,” he told this news site.
The grants, he explained, are 99-year leases for house lots which are actually Crown lands but are leased to the people. He stated that “quite a number” of those Crown grants have already been distributed to people.
Hurricane, earthquake proof homes
The District Representative disclosed that the housing scheme will be built in a three to four-month time frame unlike the conventional way of six months and when complete will be able to withstand hurricanes and earthquakes.
Hon O’Neal mentioned that the project will go on for years and will require the services of at least seven contractors and crews.
“This project is going to go on for years because we have hundreds of lots vacant, so it means we have to build hundreds of homes,” he said.
He urged residents to sign up to get their individual plots of land to get the project underway. To those who had applied and didn’t get a response from Government, they were told to submit their names and contact information so that it can be followed up on and placed at the top of the list.
“There is enough Crown land in Virgin Gorda for every family to have a home and that is my aim to finally get you out of a rental property and into your own home,” he pledged.
One lady asked whether they had the option of building their homes at their own pace, he responded that the option was available; however, it has to be at a certain standard so as not to devalue the other properties in the vicinity.
The properties will cost in the region of $250,000-300,000 and will begin in the Copper Mine area.
“We already have properties in the Copper Mine area and access roads have been cut and those titles have been handed out so we can start with that. I am hoping to start it maybe towards the middle or towards the end of next year.”
The housing development is targeting first-time homeowners.
“So I want you, especially my young families on Virgin Gorda to jump on board, get in line!”