First batch of units under Perseverance ‘1000 Turn-Key Homes’ allocated

AS THE Ministry of Housing and Water is proving that their theme “Affordable housing for all” is within their grasp, the first batch of homes under the Perseverance 1000 Turn-Key Homes has been allocated. 

Denise King-Tudor, Director of Operation, Central Housing, and Planning Authority (CH&PA), speaking with the media during the East Bank of Demarara Housing Project tour on Monday, related that the first 50 houses have been allocated and the ministry has started construction on another fifty
. “We are not waiting until the first batch is completed before we start on the next, since the first batch has already been allocated” Tudor said.
In June of 2013, the Ministry launched the Perseverance 1000 Turn-Key home, and on May 19, construction began on the first batch of fifty houses. King-Tudor also noted that this project is employing some 400 persons.
She explained that the process to acquire one such home is not lengthy. “The ministry will have to pre-qualify the persons requesting a turn-key home, after which they are sent to NBS (New Building Society Bank) for them to confirm that the persons meet their requirements and that sums up the process. The cost for the completed house is $4.9 M; the house costs $4.4M and the land costs $500,000.”
The Ministry will be providing water and electricity for the homes and have also modernised the houses with sealed rooms and sash-windows.
Known as the Buttercup Cottages, they are two bedroom flat houses, equipped with toilet and bath, kitchen and living area.
King-Tudor urged persons who need homes and have not yet applied to visit the ministry and take advantage of the initiative.