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HDC Laments Financial Constraints Causing Delays in Delivering Homes.

HDC Laments Financial Constraints Causing Delays in Delivering Homes.

The Permanent Secretary at the Ministry of Housing and Urban Development says financial constraints constitute the main challenge to the state’s ability to satisfying the mounting demand for homes.

At present there are one hundred and seventy –six thousand applications at the Housing Development Corporation.

However, the agency said it is finding it difficult to fulfill such requests, because of financial problems.

The situation was highlighted by Simone Thorne Mora during this week’s meeting of the Joint Select Committee on Public Administration and Appropriations.

The Committee conducted an examination into the maintenance and refurbishment of state owned or state funded housing projects and units.

In the last two years the Committee was told that two thousand houses were distributed.

Meanwhile, HDC Managing Director, Brent Lyon, said action has started to better deliver, at the Corporation.

Mr. Lyon noted that there is also a high demand for homes along the East-West Corridor.

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