Housing

Sinanan: No compensation for squatters

Works and Trans­port Min­is­ter Ro­han Sinanan yes­ter­day warned squat­ters of Pine Set­tle­ment, San­gre Grande, that they had no claim to seek com­pen­sa­tion when Gov­ern­ment ac­quires State land for the $400 mil­lion Cu­mu­to to Man­zanil­la High­way project.

Sinanan made the com­ment in re­sponse to Mon­day’s T&T Guardian front page ar­ti­cle head­lined Land Bobol, which high­light­ed a rush of new squat­ters at Pine Set­tle­ment, who were erect­ing con­crete struc­tures in the di­rect path­way of the pro­posed Cu­mu­to/Man­zanil­la High­way project.

Enterprise squatters get certificates of comfort

Under the stewardship of Minister of Housing and Urban Development, Edmund Dillon, the Land Settlement Agency has distributed 37 Certificates of Comfort to families in Crown Trace, Enterprise, Chaguanas.

A Certificate of Comfort issued by the Land Settlement Agency, is the first stage in the regularization of tenure process.

Only squatters who were occupying state land prior to January 1, 1998 could have made an application for a COC on or before October 27, 2000.

West: Government does not anticipate Property Tax being due this year

Minister in the Ministry of Finance, Allyson West, says Government does not anticipate Property Tax being due this year as valuations are still progressing slowly while they await the outcome of the matter that is currently before the courts.

While Minister Colm Imbert announced a tax amnesty for three months, yesterday there was no word on the due date for property tax payments.

In 2017, the Ministry of Finance put out a press release requesting property owners to complete and submit valuation forms along with relevant documents.

RBL gets US$75 million loan to address affordable housing

The International Finance Corporation (IFC), a member of the World Bank Group, has approved a loan to Republic Bank (RBL) for US$75 million to help address Trinidad and Tobago’s affordable housing deficit.

IFC’s funding will support Republic Bank’s strategic plans to increase exposure to residential mortgages from 20 percent of its total loan portfolio to 25 percent, helping thousands of middle-income families become homeowners, RBL said in a media statement.

HDC reiterates it does not accept money to expedite housing

The Housing Development Corporation (HDC) is making it clear that it does not accept money to expedite the allocation of housing.

In a statement issued Tuesday the HDC says there are over 180,000 applicants on the public housing database.

It says that this figure reflects the increasing demand by low and middle income families for Government-subsidised housing.

It notes that this demand for housing may expose the public to incidents of fraud where applicants may decide to pay cash to nefarious individuals in the hope of expediting their housing application.

Report: Relocate 400 from HDC's $187 million Debe development

Some 400 fam­i­lies need to be re­lo­cat­ed from the Hous­ing De­vel­op­ment Cor­po­ra­tion (HDC) project in Welling­ton, Debe. That di­rec­tive is con­tained in a 119-page re­port sub­mit­ted to the Gov­ern­ment since 2015. Three years lat­er, no move has been made to re­lo­cate res­i­dents who have been forced to live in un­safe struc­tures, some of them with gap­ing cracks in their walls.

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