Adrian Leonce, Minister in the Ministry of Housing and Urban Development joined senior executives of the Housing Development Corporation (HDC), including Chairman, Noel Garcia and Managing Director, Jayselle McFarlane, in delivering keys to 100 new beneficiaries of HDC housing units.
This distribution ceremony was held on-site at the HDC’s housing development, Corinth B, San Fernando.
In a media release, the HDC said Minister Leonce shared the elation of new beneficiaries as they received keys to their new homes.
It said the Minister expressed his appreciation to the HDC and the contractors for delivering high-quality housing units.
He reminded beneficiaries that they are getting value for money, as the State provides ‘considerable input in terms of the cost of the land, infrastructure, construction and subsidised mortgage rates.’
Today’s beneficiaries were allocated housing units in several of HDC’s housing developments nationwide.
Based on the sale of these 100 housing units, the HDC stands to collect over forty-eight million dollars ($48 Million) in revenue.