Barbadians will have another opportunity to hear more about the Ministry of Housing’s Incremental Home Construction Programme (IHCP) when that project is re-launched to the general public at the Emerald City Car Park, St. Philip, tomorrow, Saturday, May 7, from 9:00 a.m. to noon.
Under the programme, individuals with homes requiring minor repairs can now receive assistance to the tune of BDS $10,000 through the IHCP. The IHCP, a sub-component of the Housing and Neighbourhood Upgrading Programme (HNUP) of the Ministry of Housing and Lands, Urban and Rural Development, is solely for low-income families.
The IHCP sub-component involves the provision of 600 subsidies totalling BDS $6 million to low-income families over the duration of the programme.?? The subsidies allocated will allow families to undertake minor repairs or renovations, including tiling, installation of doors, windows, partitions, cupboards, closets, etc., up to a maximum of $10, 000 or 90 per cent of project costs.
This programme was previously launched in 2010, but Government has now agreed to reduce the financing requirements of applicants from 30 per cent to 10 per cent, as well as allow applicants to obtain quotations for their proposed projects from the building material suppliers of their choice.
Tomorrow’s re-launch is the first of three events scheduled for this month.?? The others will take place the General Post Office on Saturday, May 14, from 9:00 a.m. to noon and Super Centre Warrens, on Saturday, May 21, from 10:00 a.m. to 1:00 p.m.