Housing Development Corporation - HDC - Page 2 of 7

According to a TV6 report first time home - Page 2 - Trinidad, Tobago / Caribbean - Posted: 9th Apr, 2013 - 11:22pm

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Housing Development Corporation
24th Dec, 2011 - 11:20pm / Post ID: #

Housing Development Corporation - HDC - Page 2

On TV6 News Ms. John, Managing Director of the HDC, was giving hampers to those affected by fire. She was asked about providing housing for others waiting and she said something to the effect that in 2012 there would be 6,000 units given to those waiting for houses. She mentioned several areas mostly in the East. I wonder about this because looking back at news articles and reports in 2010 and early 2011 something similar was voiced by both her and Minister Moonilal indicating by the end of 2011 there would be many allocations happening.



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Post Date: 15th Apr, 2012 - 6:36pm / Post ID: #

HDC Corporation Development Housing

Name: Derrick
Country:

Comments: Does the HDC also have home that are in defunct of their mortgage that are now up fior sale or are they given to someone seeking a home?

4th Dec, 2012 - 2:41pm / Post ID: #

Housing Development Corporation - HDC Caribbean / Tobago & Trinidad

I was reading an article in the Express about the cost of housing for HDC: Source 4

Attached Image QUOTE
The former price, he said, is heavily subsidised, with the homeowner paying approximately between $200,000 and $350,000.00 and involves a government subsidy of approximately $250,000.
This cost of $200,000 to TT$350,000, he said, is beyond the reach of many lower income families, even with the subsidies and lower interest rates financing provided by the Trinidad and Tobago Mortgage Finance Company (TTMF).

To get a house for that amount of money is a big help!



4th Dec, 2012 - 7:42pm / Post ID: #

Page 2 HDC Corporation Development Housing

Yes, but is what you getting for that money. There are a lot of restrictions on HDC homes and they are located in areas that are not considered prime.



6th Dec, 2012 - 10:45pm / Post ID: #

HDC Corporation Development Housing

Are the lands these houses are built on freehold or lease land? If freehold and the area is reasonable it is still great for the money to have something rather than nothing. Dealing with landlords is a crime in this country.



Post Date: 22nd Dec, 2012 - 11:35am / Post ID: #

NOTE: News [?]

Housing Development Corporation - HDC

AT LEAST 5,000 new Housing Development Corporation (HDC) houses are to be distributed next year by the Government.

Thousands more which are being renovated will also be given out to successful applicants, Minister of Housing, Land and Marine Affairs Dr Roodal Moonilal, said yesterday. Ref. Source 5

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2nd Jan, 2013 - 3:08pm / Post ID: #

Housing Development Corporation HDC - Page 2

They keep making these promises but so far I haven't seen anything concrete yet. Why aren't they distributing the apartments opposite Starlite in Diego Martin? They seem to be complete.



9th Apr, 2013 - 11:22pm / Post ID: #

Housing Development Corporation HDC Trinidad & Tobago / Caribbean - Page 2

According to a TV6 report first time home owners earning less than $8,000 can get a mortgage with no down payment, and a 2% mortgage rate up to $450,000.



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