Political parties pledges to provide affordable home
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.