News

Guyana: Gov’t rolls out US$27M housing project

targeting 250 core houses 
…$500,000 subsidy for each of 2,000 households 
…major road works on the cards

PERSONS living on or below the poverty line within sections of Regions Four and Three will have the opportunity to apply for core homes or housing subsidies from Thursday as the Ministry of Communities rolls out its US$27M Adequate Housing and Urban Accessibility Programme.

The programme, which spans from La Bonne Intention (LBI) on the East Coast of Demerara (ECD) to Georgetown to Great Diamond on the East Bank of Demerara (EBD) and La Parfaite Harmonie on the West Bank of Demerara (WBD), is being implemented by Ministry of Communities through the Central Housing and Planning Authority (CH&PA) with funding from the Inter-American Development Bank (IDB).

In making the announcement on Tuesday at CH&PA’s Brickdam Headquarters, Minister within the Ministry of Communities with responsibility for housing, Valerie Adams-Yearwood, said the Adequate Housing and Urban Accessibility Programme birthed out of a reformulation of a loan originally intended for the Road Network Upgrade and Expansion Programme.

It was explained that the Adequate Housing and Urban Accessibility Programme has three components – Affordable and Sustainable Housing; Consolidation of existing Housing Schemes; and Support and Institutional Strengthening.

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