Government launches programmes to supply ...

CONTINUED FROM  11 of our income, on housing expenses.

“It also provided that 21% of us are living in rooms that are actually in need of repair, provided that 69% are actively looking to purchase a new home within the next five years,” he added.

Programmes In A Nutshell

PROGRAMME ONE: HOUSING CONCESSIONS FOR RESIDENTIAL DEVELOPERS

For this programme, the Government will collaborate with the private sector to develop full-service communities and increase equitable housing stocks at an affordable rate.

The Government will be subsidizing the land, construction, infrastructure, or duties, negotiated on a case-by-case basis with the developer, and the cost savings will be transferred as benefits to the homeowners.

PROGRAMME TWO: HOME IMPROVEMENT FOR EXISTING HOMEOWNERS

This programme is an amendment to the existing Turks & Caicos Islands Citizens Homeowner Policy and will provide for home improvement grants of up to a maximum of $50,000 for eligible homeowners.

To this end, the government will assist homeowners directly by providing financial and technical assistance to repair and renovate their homes.

The programme is only geared towards owneroccupied stand-alone homes. The applicant is required to provide clear photographs to demonstrate the building or site condition and its surroundings that require improvement.

This includes structural damage, leakages, substantial missing roof repairs or termite-infested timber components.

PROGRAMME THREE: COMMUNITY RENEWAL AND INFILLING

This initiative aims to build new homes for vulnerable individuals in communities based on a needs assessment, similar to the Turks and Caicos Islands Hurricane Ike Reconstruction and Rehabilitation Project.

Primary beneficiaries of this program will be landowners with properties that have sustained physical damage or be in bad condition, and households in vulnerable positions with priority given to the elderly/ handicapped/ special needs/ low-income group, assessed through a scoring mechanism.