100 more houselots to be distributed through “Young Professionals” initiative

VLUU L200  / Samsung L200Georgetown: Another 100 houselots have been earmarked for distribution through the “Young Professionals” housing initiative.

The Housing and Water Ministry has been making continuous efforts to ensure that young professionals become eligible to own their own homes.

Housing Minister Irfaan Ali said the ministry has been partnering with professional groups, to target individuals such as lawyers, doctors, engineers, and managers.

All persons above the age 21 are qualified to apply for these houselots, which will be allocated according to their respective income brackets.

This year, the Housing and Water Ministry plans to continue accelerating its houselot distribution programme and is working feverishly to update the backlog in applications from various regions.

Ali had urged applicants who would have applied before 2009 to visit the ministry once they are in receipt of an acknowledgement or interview letter so that they can move the process forward in 2013.

This initiative will be exhibited at Building Expo 2013. Some of the corporate sponsors include Republic Bank, Courts Guyana, Sunshine Villas and Impressions. As usual, all the respective sponsors will have special incentives at the event.

Special gate prices will be in place for persons at this year’s expo. International Building Expo 2013, slated for the Guyana National Stadium, will be held under the theme “Consolidating partnerships for sustainable development”.

According to member of the Building Expo Committee Taslim Baksh, this year another 100 lots will be developed through phase two of the Young Professional initiative.

“Phase two of this project is expected to kick-off in October,” he stated, adding, “The Young Professional Housing Project in Eccles Housing Scheme started in February, and within two weeks, the entire 55 houses were gone,” he said.

Baksh said the ministry has thus far received some 200 applications and persons are anxiously awaiting phase two of the initiative.