Government to deposit $40m in the ABDB to finance affordable homes, construction to start in June

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Homes

Cabinet Notes:

The Cabinet is very pleased with the response of those demonstrating an interest in acquiring the starter homes that are to be sold for about $120,000.00. CLICK HERE TO JOIN WHAT’S APP GROUP

 

Both National Housing and CHAPA have agreed to build the houses on plots of lands that are theirs and lands held privately.

 

These are to be two bedroom homes with bathroom, kitchen, living and dining rooms; the houses will be resilient and built to withstand category 5 hurricanes.

 

The Antigua and Barbuda Development Bank will provide the mortgages and the Government will deposit $40,000,000.00 in the ABDB to finance the construction of these highly desirable homes.

 

It is estimated that the start date is likely to be on the 1st of June, 2022.

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23 COMMENTS

  1. Politics at its best. Mr Lovell
    We just need to start this project, to guarantee an election victory ✌️.
    All the people want, a little food on the table, a couple dollars in the pocket, a little gas in the car 🚗 . ABLP win again

    • ANTIGUA PEOPLE LOOK AT HOW THEY THINK OF YOU, IN THEIR OWN WORDS. ALL THEY WANT FROM YOU IS YOUR VOTE AS THEY THINK NOTHING OF YOU….’JUST GIVE THEM A LIL FOOD, COUPLE DOLLARS, LITTLE GAS’ AND THEN VOTE THEM BACK IN.

      ARE WE GOING TO SELL OUR SOULS TO THE LABOUR PARTY AGAIN??????? TEACH DEM A LESSON

    • You and your Gaston Browne Lying Party are surely taking the people for granted. Depositing $40 million into ADB to build unfinished houses. A wey are you a barraw dee money fram?

  2. But wait, look how ďis ya magic money tree jus a grow and grow around election time 😅😂🤣

    If this ABLP government was doing this when they first came into office, then this would not look like a election VOTE-CHASING exercise.

    In fact, what the current incumbents in office are now up to, makes them look ABSOLUTELY ridiculous.

    ANTIGUANS 🇦🇬 ARE NOT THE GULLIBLE FOOLS THAT YOU TAKE THEM FOR PRIME MINISTER.

    I wonder what the magic money tree 🌳 will be bearing in the coming days, weeks and months before election call 😅🤣😂 MI RIB AH HURT MI …

    • … It also begs the question, why didn’t the ABLP help out their citizens and electorate a lot earlier than this, like their family, friends, cabinet and associates? 🤔

  3. Glad lower income Antiguans are getting homes. However, all the construction going on now is just election bribery. People, take the houses and still vote them out. It is your money building the houses. And while the government is spending money, pay Antiguan workers and contractors the moneys they are owed for years.

  4. You hypocrites that are spouting foolishness every day. Can you remember that you UPPITES took back lands from poor people? Can you remember the same poor people couldn’t get any help from MBS to go overseas to get medical attentions? But a minister of the wicked UPPITES got thousands of dollars from the same MBS, to go overseas for medical attention. Do you hypocrites knows if that sum was paid back? Hell no. Do remember when they promised poor people an increase in their gratuities? Did the same poor people get any increase? Hell no. Do you hypocrites remember the same poor people have to make their beds overnight and wait outside SS to get their money’s? And this wicked UPPITES minister( who got thousands MBS money’s) called your loved ones rag tags.. Again all you hab no shame. You’ll hab no decency and integrity.

    • You hypocrite, you forgot that Harry says he will pay off all the bills that this present government owes. He hab the answer for you. Wow.. the same people are saying that Wadadli economic is horrendous and this present government haven’t done anything good. Asked Harry, if have a money tree in he yard? Oops I forgot that all you UPPITES hab trees too. Ah fool ah spout ignorance but not ah fool ah read. You’ll have no shame.

      • PEOPLE HUNGRY. STOP LIVING IN A FOOLS PARADISE. PEOPLE CANNOT BUY FOOD , GAS, PAY ELECTRICITY. DIS GOVERNMENT IS THE MOST INCOMPETENT. FOOLING PEOPLE.
        YOU HAVE TO BE A USEFUL IDIOT TOO.
        NOT EVEN A PENNY DURING THE COVID, BUT NOW A ELECTION, SHAZAM, MONEY APPEARS!!!

  6. Just an another Election Gimmick. Looking for Votes and buying of Votes in an under the rugs way.

  7. They say no money there, alot of workers had to picket to get their monies owed to them from since 2016, all of a sudden money appear. Citizens of Antigua don’t put these wicked people back in power because they give you a $500 or $5000 for one year. Don’t make them be millionaire while you struggle to be a thousandnaire Let’s get rid of the slavery mentality because of fore father’s decision we will make the same decision

    Remember the hardship they place on the people while some was not working and no incentives for the less fortunate while they look to blame covid for everything.

    Remember the vaccine mandate that left many government workers home because they refuse to take a so called vaccine.

    A government that love the citizens so much that if you don’t do what they say, you don’t belong in society you should starve to death .

    Don’t be fooled because they scrap most of the protocols and you are allowed to carnival , party , and gather.

    Election draw nigh as the citizens eating and drinking it might be a sudden call.

  8. Antiguans, don’t fall for this old truck anymore. Please, please , please open your eyes. Those houses don’t belong to Gaston, it is an election ploy. Which means he’s insulting our intelligence. He take us for fools because of past behavior. You see how Putin and all dem other dictators behave, it’s because they became complacent. If you leave the same leader for too long it breeds corruption, complacency and dictatorship. It is learnt behavior for us. Please let us break that cycle. What has Gaston done for you lately? Nothing. Let us open our eyes, give them one term if they can’t get their act together. Be it labor or UPP.

  9. Lmaooooo wait nah dem say they don’t have no more (OUR TAX MONEY) to lower gas price, where the magic 40 million pop up from?

    Wild!! Lmaoooo

  10. $40 Million is a #CAMPAIGN_DONATION to the ABLP from the Treasury!

    Hey, it’s election season!

  11. ALP as it gets closer to the election money will be falling from the heavens for us to pick up from the road to be able to buy gas, food and water. What a useless and incompetent government. Antiguans keep your head on and just get rid of these ALP bastards on election day

  12. This is Really an Insult to our Intelligence.

    Nothing at the ABDB is sustainable. It has an extremely high non performing loan portfolio. It is under manage, lacks focus, and probably bankrupt as we speak.

    Remember Land for Youth @ ABDB ? Failure
    Remember Stanford Entrepreneur Fund ? Failure
    Remember Pineapple Investment ? Failure
    Remember Ferry Investment ? What a Failure-
    Remember Prime Minister’s or his Wife Fund ? Failure
    Now a Housing Scheme ? Really

    That $40 Mil is probably to re-capitalise the bank so it can remain in existence.

    I doubt any reputable financial institution is going to give anyone a loan for an unfinished house when they know you go need another set a money 2 finish it.

  13. You guys are so pathetic and shameful. I hope you hypocrites wouldn’t singing a different tune anytime the UPPITES win governance. Cause the way you hypocrites are going it’s seems that will never berry. Never word said, when Harry is making all these phantom promises of paying all these bills you claimed that the present government owes and you all asking where is these money’s coming from. You know what? Harry and his Charlatans have plenty money trees in their backyards. Sometimes it’s best to shut up and tap spouting poor hog wash to the people. Anyways I forget that is the Modus operandi of the UPPITES is to lie, lie, tell more lies.

  14. Colombo mombo jumbo a paid campaigner never seen the wrong always singing for supper. Too much greedy individuals are messing up the country. If we had leaders like V.C.Bird who was not about enrichment schemes and pure corruption we would be in a better position. We have alot of bright people in the country but the greed, corruption is what is the biggest problem

    • Again another Charlatan can’t handle the truth. By the way you Nincompoop I only voted in Wadadli election and who you think peanut brains I voted for and they were worse in Wadadli history. Are sure you not a paid idiot of that party? Spouting ignorance and nonsense shows that you maybe. Another sanctimonious hypocrite. FYI: my salary is $152,000. 00 per year. Can you tell GB to send me more money’s so that I can pay for stupidity scholarship for all you hypocrites? You guys must hab nightmares at nights. The way you hypocrites are going.. you certainly ah go get no seed. Continue to cuss. That is all you can offer. Charlatans.. Laggards… Dumbtards..

  15. Imposter your are! a member of the party pretending to be an ordinary citizen because you want to go back in power. Charlatans is your favorite word the PM spit in your mouth. You sound just like the one on the radio station that use to support the U.P.P even if the PM is wrong he say yes Mr.PM

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