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2009/05/27 - Rent-To-Own Pilot Project Launched
The National Housing
Corporation (NHC) has launched the Housing Every Last Person (H.E.L.P)
Rent-To-Own Pilot Project which will assist low-income earners
(who make no more than $3000.00 per month) to own a "piece of the
rock".
Under the Rent-To-Own
programme, applicants will have to enter into an agreement for seven
(7) years, pay two months deposit as security and then make monthly
payments equivalent to 30 percent of income as rent for seven years.
During the seven year period:
1) 70 percent of the rent will
be credited to the purchase.
2) 30 percent will go towards
NHC to cover maintenance, insurance and other charges.
3) The security deposit would
be credited towards the purchase price.
4) If the tenant is unable to
close the sale in the allotted seven-year period, the agreement could
be extended for an additional two years.
5) if the tenant dies, the
beneficiary of the estate would be allowed to continue the tenancy on
condition that all the other requirements are met.
If the tenant cannot maintain
the agreement, he or she will be referred to an alternative housing
solution at the NHC.
2009/04/23 - Private Sector Titans Joining Forces With Ministry of
Housing
Forty lots have Town Planning
approval, and approximately 170 lots are awaiting the necessary
approvals.
This has been revealed
following a tour of a number of sites by officials of the
National Housing Corporation (NHC), the Ministry of Housing and
construction industry veterans Michael Cozier and Sir Charles
Williams. According to Mr. Cozier, the private sector is looking to
join with Government to do middle and lower income [projects] and the
affordable housing market. "And", says Mr. Cozier, "we are hoping that
we can get prices down to accommodate a house package, including land,
for about $100,000... twenty percent of the minimum 1,000 lots would
be in the $100,000 range."
Minister of Housing Michael
Lashley would also like more landowners to assist with housing,
indicating that a hard look would be taken at how NHC and the Ministry
entered joint venture partnerships. Minister Lashley said, "We know
what happened in the past in relation to joint venture programmes.
Look at Bulkeley Meadows. So we have to revisit the joint venture
programme and put protective mechanisms in place so that we won't fall
into that same problem again."
2009/04/20 - NHC Celebrates its 36th
Anniversary with Church Service
The
National Housing Corporation (NHC) celebrated its 36th anniversary
with a service at Holy Trinity Anglican Church, Ruby, St. Philip.
In addressing the congregation, Minister of
Housing Michael Lashley and NHC General Manager Vincent Alleyne
emphasised that Government was taking several approaches with a view
to satisfying the demand for housing in Barbados; these included
housing ventures where landowners provide the land and then share the
profits of the development. Minister Lashley noted that strenuous
efforts were underway to satisfy the increasing housing demand, as
evidenced by the works in advanced stages in areas such as Workhall
and Marchfield in St,. Philip; Four Hill St. Peter; and Constant St.
George.

Immaculate Roger Ward (Board Secretary acting) is flanked by two
equally well dressed female staff members |

NHC General Manager Vincent Alleyne with a proud staff member |

Kathy Wiggins of the Loans Department shows a definite sense of
style. |
2009/03/25 - NHC Hosts Media Tour of H.E.L.P Sites
The
National Housing Corporation (NHC) invited the media along on a tour
of several sites of the ongoing H.E.L.P Programme. Sites visited
were:
1) Workhall
2) Marchfield
3) Greens
4) Constant
5) Four Hill
6) Country Park Towers
After completing the tour, the
Honourable Michael Lashley, Minister of Housing and Lands gave a press
conference at the Country Park Towers Site at Country Road.

From Left: PS, MHL; Chairman NHC; Deputy General Manager,
NHC; and Hon. Minister Michael LashLey Review Internal Works at Workhall
(CLICK
HERE To See Entire Album of Media Tour)
2009/02/26 - 'Customer Care' and 'Sales & Marketing' Departments Merged
The
National Housing Corporation (NHC) has amalgamated the 'Customer Care'
and 'Sales and Marketing' Departments in to a single, customer
focussed entity. The new department will be known as 'Customer
Services', and will undertake to provide:
1) Timely delivery of services
2) Accurate information about
NHC's products
3) Reponses to queries across all NHC
lines of business
4) Standards in bringing
closure to issues and highlighted problems
5) Improved customer relations
between NHC and the general public
As part of the process of
integrating the two departments, the
Customer Services staff underwent an
intensive training course in Customer Services Excellence.
(CLICK
HERE To See FlowMotion Album of Graduation Ceremony)

2009/02/13 - NHC Web Site Re-Launched
The
National Housing Corporation (NHC) has re-launched its web site to
provide more timely, transparent and visual information to the public.
The web site's background constantly invokes the image of a 'new dawn'
and that is in fact what the NHC is attempting to convey; and the
uncluttered layout is designed to make it easy to find whatever you
need or want to know.
NHC's activities are to
be consolidated into a series of 'albums' showing past, present and
future (via 3D and virtual representations) developments and plans.
The new interactive albums are intended to provide a window into the
Corporation as we strive to re-invent the organisation in our quest to
play an important role in the provision of housing solutions for needy
Barbadians.
2009/02/03 -
Electrical Upgrade of NHC Units On The Way
The
National Housing Corporation (NHC) will begin the upgrading of the
electrical supply of its housing units on Monday, February 16, in
Bonnets Development, Brittons Hill, St. Michael
The
work, which will be carried out in this initial phase by the NHC
personnel, will be done on a phased basis, during normal workday hours
and will involve excavation for trenches and manholes, the laying of
conduits, the installation of cables and connections to meter bases
and breaker panels. Work will then systematically move to other
estates where surveying has been completed.
Roger Ward, Special Assignments Officer at the NHC explained that the
Corporation is doing the upgrade at this time for two reasons.
'One, we would have made the commitment to the
tenants to upgrade the electrical system to increase their capacity.
And secondly, there have been some changes by the Government
Electrical Engineering Department to their specifications which
dictates that any upgrade we do now would have to be in line with
current standards. So we are moving from a single phase to a double
phase....and it would allow tenants
themselves to upgrade the internal works to accommodate large
appliances and so on,' he said.
Mr.
Ward also stated that as part of its property transfer programme, the
NHC acknowledges that prior to conveying units and during the
conveying process the Corporation does have a responsibility to
tenants. According to Mr. Ward, 'we have
committed ourselves that we would undertake all structural defects.
We will also, in the older estates where there are dilapidated doors
and windows for example, change those and we will generally make good
to outstanding defects prior to the transfer. There after, the tenant
will be responsible for the maintenance of his or her own unit'.
The
Housing official also emphasized that all disturbed areas will be
reinstated and precautions will be taken to
ensure safety. Also, prior to starting any work the Corporation will
contact individual tenants face-to-face.
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