HDC Out $47 Million Due To Delinquent Tenants

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HDC Out $47 Million Due To Delinquent Tenants

Forty-seven million dollars is owned to the Housing Development Corporation by persons who occupy traditional rental units.

Such units are located in areas such as Duncan Street, Nelson Street, Port of Spain and Beetham Gardens.

This was revealed by Managing Director of the HDC, Jayselle Mc Farlane, during the eleventh meeting of the Public Administration and Appropriations Committee this week.

The Committee inquired into the Management and Operations of the Housing Development Corporation, including the restructuring of HDC into three distinct State Enterprises.

Meanwhile, Divisional Manager, Construction Management and Operations, Romel Ramarack, provided information relating to units built by contractors under the public private partnership arrangement.