Georgetown: The 1000 homes turn-key initiative at Perseverance, East Bank Demerara is ahead of schedule, and construction of the homes, is expected to begin as soon as October, Minister of Housing and Water Irfaan Ali said.
The ministry in June launched the project, with the promise that it will work aggressively to have construction start long before the end of 2013.
Minister Ali advised that the ministry has started clearing the entire area earmarked for the homes. The expectation is that this process will be completed in the next three weeks, Minister Ali said, once there is no interruption due to inclement weather.
He explained that the design of the scheme is already in process and that once the land clearing is completed, the ministry will immediately take the project out to tender.
The 1000 homes initiative is the latest in the successful turn-key concept started by the ministry in 2011; a strategy to assist low-income earners to become home-owners.
The initiative will see the ministry constructing two- bedroom homes for $4.9M and three- bedroom homes for $9M that will be sold to qualifying beneficiaries.
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