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.5M Limit For Public Housing In Tobago
PORT OF SPAIN, Trinidad (GISL) -- Constructing and subsidising public housing at high cost is not sustainable.
Hence the Tobago House of Assembly will no longer construct housing costing more than $500,000, Secretary of Settlements and Labour, Deon Isaac said.
He was speaking during the opening of the first unit of an alternative model for housing on the island at Kilgwyn Development, Bon Accord.
The unit cost $485,000 and took three months to construct. Instead of brick and mortar, it’s got a steel frame, and is built with materials such as gypsum, which is more economical. It can also withstand a Category Four hurricane, meaning it’s also safe and durable. The Secretary said it will also help the Assembly to build more housing for the island’s 7,500 applicants.
“In my opinion this subsidy is extremely high,” Isaac explained, “and the Assembly just cannot continue to maintain this high subsidy considering the economic challenges that our country and this island is facing and will continue to face.”
Isaac said the alternative housing prototype will also help improve the quality of Tobago’s housing stock. The unit has three bedrooms, a kitchen, living room, porch, and bathroom.
More housing will be built in Buccoo and other areas, starting next month.