St Kitts: New model of social housing to built in Parray Village

With the aim to implement government's policy of sustainable growth to help those who are in social and financial need, the National Housing Corporation (NHC) broke ground on a new model of social housing in Parry village.

The new structure will provide special housing solutions for three persons with social needs along with rental space, which is part of the Unity Housing Solution Programme.

Minister of Human Settlement, the Hon. Eugene Hamilton, attended the ground-breaking ceremony on Friday. Minister Hamilton praised the residents of St Peter’s Parish, of which Parray Village is a part, for their hard work over the last eight years, as well as the NHC for its commitment to raising living standards.

Chairman of the NHC Board, Valentine Lindsay, said that the board is pleased to have responded to the call to solve another social issue in the community. He said that there are several houses in various communities such as Keys, Cayon, Dieppe Bay, Old Road, St. Paul’s and Conaree that provide homes for deserving persons who have been pillars of the community and who may have fallen on hard times in their twilight years.

“The NHC has shifted from a single house model to a multi-house model. Over time, we believe the cost of building these social homes will be recovered,” said Lindsay. “The house being built will be a two-story structure with three furnished one-studio apartments at the bottom with a two-bedroom and one-bedroom apartment at the top,” he said.

St Kitts and Nevis government has emphasized on the Sustainable Growth’ since last year and it has been a main part on its agenda, after the Sustainable Growth Fund (SGF) – the fund option under the Citizenship by Investment (CBI) Programme – was unveiled.

The twin-island nation's CBI Programme is the world’s oldest and among the best-known route to second citizenship. Entrepreneurs from countries worldwide apply for citizenship via the fund, frequently citing its fast, one-off investment requirement as a significant attraction. The fund utilises entrepreneurs’ investment to effect sustainable growth across the Federation. Key sectors of investment include agriculture, education, healthcare, and housing.

The importance of Sustainable Growth and Prosperity was underlined by the Government in Prime Minister Timothy Harris’ 2019 Budget Address. As the SGF attracts interest from hopeful economic citizens, entrepreneurs’ funds help achieve the policy of sustainable growth.