‘Randomised selection’ for Joe’s Hill homes possible- Hon Penn
The selection process is currently at phase 2, according to Minister for Health and Social Development Hon Marlon A. Penn (R8) in a statement during the Eighth Sitting of the Fourth Session of the Fourth House of Assembly (HoA) at Save the Seed Energy Centre in Duff’s Bottom on November 15, 2022.
He said persons who had responded to previous calls for applications were contacted and requested to undergo a verification process, and verified applicants were then invited to attend a Homeowners Workshop that was held on October 18, 2022, at H. Lavity Stoutt Community College (HLSCC).
“The Homeowners Workshop was attended by 132 prospective homebuyers and featured information booths from all commercial banks in the Territory. The banks gave an indication of concessions they would be offering to qualified applicants, and prospective homeowners were encouraged to examine the various offers to determine the financing arrangements most suitable to their individual needs. That event marked the culmination of Phase 1 of the Applicant Selection Process,” Hon Penn said.
Phase 2 commences
The Minister said phase 2 of the Selection Process has now commenced and requires the verified applicants that remain interested to seek pre-qualification for financing from the bank of their choice. Site visits to the property are also being conducted during this phase.
“Madam Speaker, the procedure to be applied in phase 3 for the allocation of homes will primarily depend on the actual number of applicants that are pre-qualified for bank financing. At the end of November 2022, if there are more pre-qualified applicants than available units in a particular category, based on the size and style of unit selected, then a randomised selection procedure may become necessary, in order to ensure transparency in the allocation of those units.
“Thereafter, each selected applicant will be allowed up to 90 days to finalize a mortgage and complete the property purchase transaction.”
The Joe’s Hill House Development Project includes twenty-five (25) buildings, comprising fifty-two (52) residential units plus a commercial rental space.
The units are a mix of one, two, and three-bedroom condos, single-family homes, and townhouses.
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36 Responses to “‘Randomised selection’ for Joe’s Hill homes possible- Hon Penn”
Another problem is that very few rich and average income persons prefers to more yard space, so that they would have been able to plant some fuiit trees or flower garden. A more flatter area, in my opinion, will have been a more better area for that project.
I believe, that the employee, VIP administration, should have included their employers, the people, in discussion before the Administrative Cabinet began that you project.
It's already done. The outcome will be revealed in its time.
(Democratic principles written on paper, spoken and promised by politicians radically differs from dictatorship in practice., Facts)
When local people stop building houses for themselves there is a problem. Look around! How many NEW single family homes are locals building? Not many that I see.
A man gets money here he builds an apartment building. Who lives in these places? Not locals. Low income workers mainly. The local man is chasing this money. MONEY MONEY MONEY. That's seems to be all that the BVI thinks about.
We need to give these young people a home. Figure a way to get them land and afford to build a Single Family Home. Yes - single family. A bunch of those and you have a community. If you have a community people don't leave.
All these government land giveaways end up with apartment buildings and no local family homes. I don't see this in other Caribbean islands on the scale I do in the BVI. We are leading a poor example for our youth, that's why they are leaving. You teach youth to just care about money, and wonder why he leaving?
Pass some laws. Make banks loan money to locals wanting to build Single Family Homes. We will have a community again!
Who picks up this mess when there is a economic downturn. Or another pandemic. Or a resort goes out of business and lays off 10 of these 56 people?
This is a train wreck. The government should not be in this business.
Attention Government - stick to building roads. Build us a hospital somewhere else than Tortola. Build more schools.