With a projected total loss of over $2B, the Board of the Central and Housing and Planning Authority (CH&PA) wants the current 50th Independence anniversary discount being offered to some house lot awardees halted.
Sources told Stabroek News that when the CH&PA board members met at yesterday’s statutory meeting, they discussed the expected losses as a result of the initiative.
“It will cost us over $2B and we are not sure the beneficiaries of the offer will really benefit,” an official of the agency,