HDC to continue with evictions exercise – no forgiveness of debts says Housing Minister

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HDC to continue with evictions exercise – no forgiveness of debts says Housing Minister

Housing Minister Camile Robinson-Regis says the Housing Development Corporation (HDC) will not be forgiving any debts owed by delnquent tenants and will be proceeding with evictions as part of its strategy to collect $241.73 million owed to it.

Robinson-Regis said yesterday: “The Ministry of Housing and Urban Development believes that the continued implementation of this eviction strategy will improve the HDC’s collection of outstanding payments to the Corporation.”

She said as of April 30, 2024, the arrears of evicted tenants ranged from $22,000 to $128,000 and the periods of arrears for tenants ranged from 2.5 years (for a tenant owing $45,000) to approximately seven years (for the tenant owing $128,000).

She said in order to fulfil its responsibility to taxpayers the HDC must collect outstanding arrears.

As of April 30, 2024, the arrears were as follows: Rent to Own, $2,105,914.32; Licence to Occupy units, $91,478,355.66; In-house Mortgage Units, $67,712,621.19; for Commercial Properties, $3,690,186.92.

Robinson-Regis said the collection drive had yielded significant results, with an overall total of approximately $9 million collected from tenants in April 2024.

She said as HDC started the evictions, the average collection per month for the last nine months (July 2023 to March 2024), with the exception of November and December 2023, was approximately $6 million.