In a powerful address at the recent “Dream Realised” housing drive at the Arthur Chung Conference Centre recently, Minister within the Ministry of Housing, Susan Rodrigues, outlined the profound impact of Guyana’s current housing programme, highlighting its unique potential for transformative change.
According to Minister Rodrigues, the People’s Progressive Party Civic (PPP/C) government is pioneering a housing programme unlike any other in the world—a programme that opens doors to generational wealth for Guyanese families.
Minister Rodrigues emphasized that this initiative is not just about housing but about creating a future where owning property becomes the cornerstone of financial security and prosperity for countless families.
“By giving a family a house lot, we’re providing a resource that will multiply for years and for generations to come,” she said. She described the initiative as a path towards wealth creation, accessible to all, where “heavily subsidised” land prices make homeownership an achievable reality for Guyanese across all backgrounds.
This housing programme, part of the PPP/C administration’s broader vision, is also about instilling values of saving and investment within families.
Rodrigues urged citizens to see property ownership as a critical investment over merely saving money in banks.
“Leaving money in the bank will not get you anything in the future. The interest rates at the banks do not keep up with inflation…for you to really multiply your savings or investments, you invest in real estate,” she explained, stressing the potential for property to amplify wealth for individuals and families alike.
Through the “Dream Realised” initiative, President Irfaan Ali’s administration has committed extensive resources to ensure the accessibility and sustainability of the housing sector. Recognising that a government-allotted plot of land can be the first asset many families acquire, the programme is structured to empower recipients, providing them with the means to change their lives.
Rodrigues noted that the programme’s long-term goal is to instill a culture of property investment among Guyanese citizens, fostering a mindset of financial growth and stability that future generations will continue to benefit from.
Furthermore, the programme includes measures to ensure access to affordable financing. “We are not just working to ensure that citizens get land; we are also setting up systems with banks and financial institutions to make it easier for families to build their homes with minimal financial hurdles,” Minister Rodrigues shared, underlining the government’s commitment to minimizing financial stress for new homeowners.
Reflecting on the government’s efforts, Minister Rodrigues also pointed to the long-term development of these housing schemes, envisioning them as thriving communities whose property values will appreciate significantly over time. This vision speaks to a government that sees the housing sector as both a vehicle for economic empowerment and a means to provide a higher quality of life for all Guyanese.
“Dream Realised” is far more than a slogan—it represents a deliberate, ongoing investment in the future of the country. By continuing to invest in this robust housing programme, the PPP/C administration has set the stage for a legacy of generational wealth, financial security, and the promise of a prosperous Guyana.