In a bid to satisfy the demand for homes, the Housing Development Corporation (HDC) is inviting private finance and construction expertise to partner with it to build housing units.
HDC managing director Jayselle Mc Farlane, during a seminar titled ‘The Future of Housing: Leveraging Partnerships, Building Ownership,’ said the gap between supply and demand was every widening.’
At the last count, the HDC had approximately 200,000 applications for housing on its live database.
Mc Farlane said there is an almost inexhaustible demand for government housing which the HDC on its own cannot satisfy.
“We are therefore seeking innovative ways to satisfy this demand by building more strategic partnerships with the business community.”
“Today the HDC is offering you the potential to partner with us to provide 196,592 housing solutions, and in doing so, leave a legacy, both in terms of your corporate social responsibility, but more so in terms of your faith in the people of Trinidad and Tobago.”
Mc Farlane said the HDC might be able to supply or buy land for its private-builder partners.
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