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Finance ‘Remains A Crucial Problem’ For NHC

The Chairman of the Saint Lucia National Housing Corporation (NHC), has told reporters that financing remains a crucial problem for the body.

Senator Timothy Mangal explained that because of the money issues faced, the NHC has had to look at innovative measures.

“We did launch the PPP, The Public Private Sector Partnership arrangement some time in September last year and that is especially because of the financial situation of the NHC,” Mangal disclosed.

He said the NHC is looking forward to partnering with the private sector to ensure that it meets the mandate of having homes and house lots available for Saint Lucians.

Mangal declared that the initiative was going ‘pretty well.’

“Very soon we will be making some announcements as to ground breaking ceremonies on a couple projects,” he stated.

 

5 COMMENTS

  1. Put out all the those that not paying rent and take them to court to recover the unpaid amounts. Problem solved.

    • Mangal, please pay he vendor’s tax. With that payment government might be able to help NHC.

  2. Bible in a Year
    March 29
    New Testament Verse of the Day:
    Then Jesus told him, “You believe because you have seen me. Blessed are those who believe without seeing me.”
    –John 20:29

Comments are closed.

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