Minister within the Ministry of Communities Valerie Patterson, who holds responsibility for the Housing Sector, has announced a major discount offer by the Central Housing and Planning Authority for persons who have been allocated house lots.
During her first press conference since taking over the portfolio in January, Minister Patterson announced that persons who have received letters allocating them house lots and want to take advantage of the offer, have until April 30, 2016 to make the initial 50% down payment on the house lot.
Once they would have made that down-payment, they would then become qualified to receive a 50% discount on the balance in the land price. However, that discounted price would only be available during the month of May as part of Guyana’s 50th Independence celebration, so persons will have until May 30, 2016 to complete the full payment.
So for persons who may have been allocated house lots for $2 Million, they will now end up paying $1.5 million once they take advantage of the Independence offer. The offer, however, is not extended to persons who would have been granted house lots as re-migrants and persons with commercial house lots and house lots valued at $3 million and over are also not qualified for the discount offer.
Minister Patterson explained that the offer is in keeping with government’s quest to make house lots more affordable. She said other plans are also in the pipeline.
“If you have an allocation for a house lot that costs $1 Million, and by the 1st May, you would have completed paying $500,000 which is 50%, then you have a 50% discount on the balance which would mean you would be paying $250,000, that’s the discount and I do not think you can want anything better than that…that is your jubilee”, the Minister said.
Minister Patterson also announced that her department is welcoming persons who may have applied for house lots but are still to be allocated, but have the means to pay for the land, to visit the Department and have their applications and allocation processed.
She said the Central Housing and Planning Department “will not be turning down money”.
Meanwhile, she announced that plans are underway to develop a number of new housing areas and the Department will also be hosting a special housing exhibition that will take place in one of the new housing areas. Housing Developers and contractors will be invited to build model houses in the area covering low and medium income.
Minister Patterson said several plans are coming on stream this year that will see more affordable housing and more affordable house lots.