Po­lit­i­cal par­ties pledges to pro­vide af­ford­able home

Bhutan Times - - Home - Sonam Pen­jor

All po­lit­i­cal par­ties’ pledges to pro­vide af­ford­able home to live and the peo­ple re­sid­ing in that par­tic­u­lar house will have an op­por­tu­nity of own­ing a home ir­re­spec­tive of the na­ture of work.

Druk Nyam­rup Tshogpa (DNT) pledges:

Ac­cord­ing to the man­i­festo of DNT, hous­ing is im­por­tant for all, and in ur­ban ar­eas, not only to have af­ford­able homes to live but to have the op­por­tu­nity of own­ing a home. To­wards that, DNT will build 2,500 flats for home own­er­ship, ini­ti­ate sub­si­dized in­ter­est loan schemes for low in­come groups and lift ex­ist­ing rule lim­it­ing houses be­yond two- story in Dzongkhags.

The hous­ing need sur­vey con­ducted by Na­tional Hous­ing and De­vel­op­ment Cor­po­ra­tion ( NHDC) in 2014 re­ported that 9,500 Bhutanese were re­sid­ing in Jaigaon pay­ing monthly rents rang­ing from Nu. 5, 000 to Nu. 10, 000. They were all iden­ti­fied as low and mid­dle in­come fam­i­lies. They could not af­ford rental houses in Phuentshol­ing and de­spite risks to life, have had to live across the bor­der.

“Our peo­ple have lived in in­se­cu­rity and faced cases of rob­bery, even rape in re­cent times. We can­not al­low this to con­tinue and we will take full re­spon­si­bil­ity of build­ing ad­e­quate homes for all res­i­dents so they can live in peace and se­cu­rity.”

The man­i­festo also stated that the DNT would build res­i­dent in other Dzongkhags such as Trashigang, Sam­drupjongkhar and Da­gana. “Not only build homes for ev­ery­one but to make it af­ford­able.”

The man­i­festo states that DNT will de­velop a com­pre­hen­sive plan to pro­vide ad­e­quate hous­ing in ur­ban ar­eas.

“We will then iden­tify all ma­jor ur­ban ar­eas, in­clud­ing Thim­phu and in­vest and work closely with NHDC to en­sure ad­e­quate hous­ing within the first three years of our gov­ern­ment.”

DNT will also iden­tify ad­e­quate space and ar­eas for low and mid­dle in­come hous­ing. We will sub­si­dies home loan in­ter­est rates for low in­come groups for a spec­i­fied pe­riod.

“To ex­pe­dite the de­vel­op­ment and com­ple­tion of hous­ing con­struc­tion works in Phuentshol­ing and other ur­ban cen­ters, we will con­sult and work closely with Royal Mone­tary Au­thor­ity ( RMA) in low­er­ing in­ter­est rates for home loans for lower in­come groups.”

“We will also con­sider iden­ti­fy­ing and cat­e­goris­ing Dzongkhags as per hous­ing needs and put in place: in­cen­tives such as low in­ter­est rates, re­duced prices for tim­ber, sand and stone to en­cour­age build­ing houses in those places.”

The man­i­festo states that DNT will in­tro­duce home own­er­ship schemes for gov­ern­ment and pri­vate sec­tor em­ploy­ees, will ini­ti­ate green build­ings and home­s­tay in vil­lages for tourists and the DNT will lift the manda­tory rule lim­it­ing houses to two­s­torey.

Peo­ple’s Demo­cratic Party (PDP) pledges:

Ac­cord­ing to the man­i­festo, PDP will ini­ti­ate the na­tional home­own­er­ship pro­gram to en­able all Bhutanese to own a de­cent home. “In the first phase, the pro­gram would tar­get to pro­vide home­own­er­ship pack- ages to civil ser­vants, cor­po­rate and pri­vate sec­tor em­ploy­ees in the ur­ban ar­eas. It would be done in col­lab­o­ra­tion with fi­nan­cial in­sti­tu­tions.”

The PDP strongly be­lieves in em­pow­er­ing our peo­ple at all fronts and it has to be­gin with the ba­sics. Hav­ing a de­cent home is the birthright of ev­ery Bhutanese. The so­cial and eco­nomic ben­e­fit of a sta­ble home­own­er­ship across all lev­els of the pop­u­la­tion is fun­da­men­tal in build­ing an em­pow­ered na­tion. This pro­gram would be im­ple­mented as a spe­cial flag­ship pro­gram, stated the man­i­festo.

PDP how­ever pledges that they will de­velop home­own­er­ship pol­icy to pro­vide af­ford­able hous­ing and home­own­er­ship for all, pro­vide af­ford­able hous­ing within Bhutan for all Bhutanese liv­ing across the bor­der ( Jaigaon, In­dia).

Druk Phuen­sum Tshogpa (DPT) pledges:

The man­i­festo of DPT stated that the hous­ing is a ba­sic hu­man ne­ces­sity and it is the duty of the state to en­sure that ev­ery cit­i­zen has a de­cent hous­ing.

There­fore, DPT pledges that they will en­cour­age and fa­cil­i­tate home own­er­ship through in­tro­duc­tion of spe­cial home loan schemes, in­crease the stock of af­ford­able hous­ing through the NHDC, the NPPF and the pri­vate sec­tor through low­er­ing the cost of cap­i­tal and other sup­port schemes.

The party will also de­velop and carry out a com­pre­hen­sive na­tional hous­ing plan for the low and mid­dle- in­come groups in ur­ban ar­eas, ex­plore the pos­si­bil­ity of ex­tend­ing the term of hous­ing loans to 30 years to re­duce the rental rates of pri­vate houses, re­set­tle all in­for­mal set­tle­ments with proper hous­ing and other ba­sic fa­cil­i­ties and avoid growth of slums and make tim­ber, sand and stone ac­ces­si­ble to all at af­ford­able prices.

Bhutan Kuen-Nyam Party (BKP) pledges:

The BKP’s man­i­festo states that they will de­velop af­ford­able hous­ing in var­i­ous cen­ters through home own­er­ship schemes, af­ford­able home will be cre­ated for civil ser­vant, cor­po­rate and pri­vate sec­tor and State Owned En­ter­prises ( SOEs) to be ad­vised to in­cor­po­rate staff hous­ing in their plans and pro­grams,

Shel­ter home will be built for the less for­tu­nate in­sti­tute a na­tional af­ford­able home own­er­ship pro­gram and part­ner with NHDC and other real es­tate de­vel­op­ers through win- win mod­els.

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