Georgetown: The Housing and Water Ministry has received a $1.3 billion increase in the 2014 Budget which will see more housing schemes being developed, along with the new initiatives being adopted to improve the quality of water.
Some $4.4 billion was given to the housing sector this year. This money will be directed towards the distribution of 5900 house lots and 4100 land titles to new landowners. Additionally, several housing scheme development projects will be ongoing at Eccles, East Bank Demerara; Diamond, East Bank Demerara; Anna Catherina, West Coast Demerara; Uitvlugt, West Coast Demerara; Bath, West Coast Berbice; Number 77 Village, Berbice and other villages.
The public-private turnkey initiative will also see another 100 homes being constructed, while some 50 police officers, nurses, and teachers will be allocated land. In addition, more than 1200 persons will benefit from the distribution of another 176 core houses, disbursement of 134 coastal home improvement subsidies valued at $26.8 million, and an additional disbursement of 54 hinterland subsidies valued $54 million.
In 2013, many strides were made in this sector with a $3.2 billion budget. Much of the allocations were directed towards the hosting of some eight One-Stop-Shop outreaches which resulted in 4417 house lots being allocated and 5326 land titles processed.
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