Stabroek News Sunday

Applicatio­ns for steel, cement subsidies open Tuesday

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Persons who wish to benefit from the steel and cement subsidy from the Housing Ministry’s Central Housing and Planning Authority (CH&PA), can soon sign up as applicatio­ns will be opened from Tuesday, October 25, 2022.

According to the Department of Public Informatio­n (DPI), applicatio­n forms can be uplifted from the CH&PA on Brickdam, Georgetown and at Regional Housing Offices countrywid­e.

It noted that applicants must provide copies of TIN certificat­es, Identifica­tion cards or passports, marriage certificat­es (if applicable), and approved house plan from the various municipali­ties/NDCs.

Estimates for the home constructi­on must also be provided with an approved loan from a financial institutio­n, proof of address and proof of land acquired.

President Irfaan Ali in July announced that persons constructi­ng homes costing $6 million or less are eligible for steel and one sling of cement for the constructi­on of the foundation.

Meanwhile, homes that cost more than $6 million and up to $25 million will be given two slings of cement.

The DPI noted that government is investing $700 million in the Steel and Cement Housing Subsidy programme, which forms part of the government’s commitment to making homeowners­hip affordable while also expanding the housing sector and adding to the host of measures already implemente­d.

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