350 Families Housed Under Civil Service Home Mortgage Scheme

Another New St. Kitts Home

Another New St. Kitts Home
Photo By Erasmus Williams

Basseterre, St. Kitts – Nevis
July 20, 2009 (CUOPM)

Just under 350 families have benefitted from close to EC$50 million to build their homes under the Civil Service Home Mortgage Scheme, St. Kitts and Nevis Prime Minister Hon. Dr. Denzil L. Douglas has disclosed.

Speaking at a public meeting at Wigley Avenue on Sunday night, Prime Minister Douglas said the total value of assistance provided by the Development Bank of St. Kitts and Nevis under the Scheme amounted to EC$47.5 million.

Development Bank officials said the beneficiaries of the family homes are cleaners, teachers, nurses, port security officers, police officers, soldiers, emergency medical technicians and other civil servants in various positions.

Homes have been built around St. Kitts at several locations including Cayon, Tabernacle, St. Peter’s, Stapleton, Ottley’s, New Road, Lodge, Shadwell, Newton Ground, St. Paul’s, Sandy Point, Verchild’s, Basseterre, Gillards Meadows and Dieppe Bay.

Dr. Douglas said houses built under the Civil Service Mortgage Scheme ranged from EC$72,000 to EC$275,000.

“We believe that it is important to empower people through the acquisition of property,” said Dr. Douglas, pointing out that is governing St. Kitts-Nevis Labour Party is a party of progress and success.

“We believe in the empowerment of the ordinary people,” said Prime Minister Douglas, who has reaffirmed his government’s commitment to continue to respond to the demands for housing in St. Kitts and Nevis.

The Civil Servants Home Mortgage Scheme offered 100 percent financing through the Development Bank, based on the number of years individuals worked in the public service and is one of several housing programmes initiated by the Labour Government of St. Kitts and Nevis in which nearly 3,000 homes have been built.

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