Trinidad & Tobago Budget 2014 - page 696

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establishment of a system to control the expansion of existing squatter
settlements
conduct of sector studies, purchase of equipment, and training of staff.
437.
In Fiscal 2014, the LSA will receive an allocation of $26 million to undertake the
following projects:
an allocation of $20 million was provided to implement the Residential Lots
Programmme, commonly referred to as Land for the Landless, whereby
individuals who satisfy specific criteria would be offered serviced lots at
subsidized rates for the purpose of constructing homes at their own cost.
Those lots would be provided with road access, water, electricity, drainage
and provision of sewage disposal at the following eleven (11) locations:-
Orange Field II, Glenroy II, Balmain, Cocoyea (Allamby Street), Factory
Road I, Arena II, Waterloo I, Ponderosa (Golconda) Beaucarro, Felicity II
and La Phillipine (Gran Couva).
an allocation of $5 million for the Resettlement of Squatters Project to
provide serviced lots, foundation slabs, habitable structures and finished
homes to low income individuals and families; and
an allocation of $1 million to complete surveys of squatter sites.
438.
The Housing Development Corporation will receive an overall allocation of $390
million for the implementation of new programmes and projects. In fiscal 2014, the
Accelerated Housing Programme
will be provided with a budget of $350 million under
the Infrastructure Development Fund (IDF) to facilitate the construction of 8,800 new
homes on Greenfield sites and Infill Development for middle and low income families;
and to close out projects in East, Central and South Trinidad.
439.
Other key initiatives of the HDC, for which the sum of $14 million is budgeted,
include:
refurbishment and remediation of infrastructural defects on sixty (60)
buildings which comprise the building estates of the Housing Development
Corporation in Port of Spain, Morvant, Maloney and San Fernando
refurbishment of basketball courts within residential communities of
Trinidad and Tobago
assistance to low income families (monthly income less than 5,000) to
improve their quality of life through improved living conditions
440.
A total of $26 million is provided to facilitate the disbursement of Housing Grants
to applicants for home repairs/improvements, and for emergency financial assistance to
needy persons for homes affected by natural disaster, fires and accidents.
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