142
and will be given an allocation of $1million to execute as planned. This curriculum will
aid national human capital development.
432.
The
National Youth Volunteerism Project
will continue with its drive in fiscal
2014. The project aims to establish a district registry, render assistance to volunteer
groups and establish a monitoring mechanism for projects.
Housing and Shelter
433.
In fiscal 2014, $486.1 million was allocated to continue the development of the
housing sector. This funding will be provided to address the ever increasing demand for
housing, develop infrastructure on housing settlements, improve living conditions for low
and middle income families, and provide assistance for emergency home improvements
and repairs.
434.
The IDB-assisted
Neighbourhood Upgrading Programme
will receive the sum of
$36 million for implementation of the various components of the Programme which seek
to improve living and shelter conditions for lower-income groups, regularize the tenure of
properties for families living in squatter settlements, relocate squatters where
regularization is not feasible and introduce strategies to prevent the occurrence of further
squatting. In addition, funding will be provided for home improvements and new
housing subsidies for low and middle income families.
435.
The Squatter Settlement Regularization component which is managed by the Land
Settlement Agency (LSA) will continue in fiscal 2014 with an allocation of $10 million
aimed at the provision of upgraded physical infrastructure on 25 squatter sites, title
regularization through the issuance of statutory leases and letters of comfort to
beneficiaries of upgraded lots, relocation of squatters and development of communities.
In 2014 an allocation of $20 million will be provided under the Home Improvement and
New Housing Subsidies components to facilitate the disbursement of assistance to
qualifying homeowners up to a maximum $20,000 for home repairs and the provision of
subsidies to lower and middle income persons to access mortgages for home
acquisition/construction.
436.
An allocation of $6 million will be provided under the Sector and Institutional
Strengthening and the Programme Design and Administration components of the
Programme which seek to ensure institutional capacity of the Ministry is strengthened in
the following areas:
operationalisation of a Programme Management and Information System
(PMIS)
development of a system to monitor and prevent squatting
