Wednesday 14 November, 2018

Thousands apply for subsidised land

Nearly 5000 people have applied for subsidised land under the Aided Self-Help Housing Programme. 

The programme, which was launched November 10, 2017, targets low and middle-income earners and seeks to afford citizens the opportunity to manage the construction of their own homes with financial and technical support from the State. 

Last Friday, the final day of application for the first phase of the programme, nearly 1500 people queued outside the Couva Village Plaza from as early as 5 am for an opportunity to drop in an application. 

Housing Development Corporation employees worked until 10 pm processing applications and those holding numbers who were unable to submit applications that day were accommodated the following day. 

A preliminary count of all submitted applications revealed that as at January 15, approximately 4950 completed applications were received and validated for the programme.

In three months' time, successful applicants will be notified. A second phase of application will be entertained after this time and will target land in South Trinidad.  

Through the programme, 1000 fully developed housing lots will be sold at 30 percent of its market value. Successful applicants will have access to subsidised mortgage facilities from the Trinidad and Tobago Mortgage Finance Company (TTMF), pre-approved house plans, and oversight assistance for the construction of their dream home.