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Housing plan on stream - Barbados Today

Cabinet is on course to stamp its approval on the National Housing Corporation’s (NHC) purchase of 350 homes from Guyanese manufacturer DuraVilla for $20 million by next week, officials revealed on Friday.In an update on Government’s housing revolution to provide 10 000 homes over the next five to six years, NHC General Manager Ian Gill and the corporation’s resident planner Raymond Lorde said the programme was in full swing.   “That is confirmed. We are preparing the contractual arrangements, but as you know Cabinet must approve that we do the order. The monies for this will come from the housing credit fund,” Gill told reporters at a special mortgage fair hosted by the NHC for the island’s security forces, at the Police Sports Club, Weymouth, St Michael.

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