Residents of Bartica in Region Seven are set to benefit from a housing initiative compliments of the government that would enable persons to own their own home or receive assistance toward constructing their own.
A Central Housing and Planning Authority (CH&PA) release on Tuesday informed of the launching of the Bartica Housing Programme which was held at the Bartica Community Centre. Among those present were Minister of Housing and Water, Collin Croal; Minister within the Ministry of Housing and Water, Susan Rodrigues; Permanent Secretary, Andre Ally; Chief Executive Officer of the Central Housing and Planning Authority, Sherwyn Greaves; and Regional Executive Officer, Kerwin Ward.
The release explained that through the programme, residents will benefit from a three-bedroom single-story home at the cost of $9 million. Pre-qualifications are currently being done on the spot by two financial institutions, Citizens Bank and the Guyana Bank for Trade and Industry. It added that selected applicants can receive a 30-year mortgage plan with monthly payments of approximately $42,000 or, opt for a shorter arrangement. In addition, Barticians will be given the opportunity to register for government’s home construction assistance initiative, which will allow them to receive steel and cement to help build their home.
According to the release, the outreach is in keeping with a commitment made by President Irfaan Ali to provide more housing options for residents, especially teachers and other public servants.
Other services such as the Land Title and Transport distributions, new applications, application updates, and queries are also being processed, the release added.