CDC tenants owe $2M in outstanding rent

Tenants in the CDC apartment buildings in Castries owe the National Housing Corporation (NHC) some $2 million in outstanding rent.

NHC Chairman, Timothy Mangal, told the Times that there is an estimated 40% delinquency rate among the CDC tenants.

“As a new board we have stepped up the efforts,” he disclosed.

He explained that in December, 2016, as allowed by the NHC act, the board wrote to every delinquent tenant indicating that they needed to pay up within a particular time frame.

Mangal said failure to pay up would result in ‘certain actions’.

He revealed plans to invite all the CDC tenants to a meeting at the Castries Constituencies Council (CCC) some time this year, with the objective of finding a solution to some of the problems facing the residents.

“We know that there are a lot of problems that they are encountering as well that need to be addressed by the NHC, but we are not in a financial position to do it,” the NHC Chairman told the Times.

He spoke of the need for the tenants to meet their obligations to the NHC by paying their rent, so that the corporation can better assist them.

“We will tell them that yes, there are problems that you may have – we want to address those problems, but we cannot do it without you paying your rent,” Mangal declared.

He said the estimated $2 million in rent owed by tenants was accumulated over a long period of time.

“You have certain persons owing as much as eighty or ninety thousand dollars and really and truly it should not have reached that level, but that is what we have inherited and we are doing our best to sort it out,” Mangal said, noting that the problem of non-payment of rent applied to residents in all of the CDC apartment buildings.

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