CHARLESTOWN NEVIS (March 15, 2007)
Civil servants and non-established workers in the Nevis Island Administration (NIA), will now have access to affordable housing through an EC $10 million loan from the St. Kitts and Nevis Social Security Board following an amendment to the Nevis Island Government Loan (Guarantee) Ordinance 2002.
The Nevis Island Administration Loan (Guarantee) (Amendment) Ordinance, 2007 which was passed in the Nevis Island Assembly in Charlestown on Thursday March 15, 2007 will give the NIA the authority to guarantee loans from any statutory body, bank and other financial institutions for the benefit of its employees.
The Bill was presented in the name of Minister of Housing and Lands the Hon. Robelto Hector, who said that the new Administration had been approached by the Social Security to make the relevant amendments.