Owning your first home has never been this easy through the TTMF
The Government of the Republic of Trinidad and Tobago has revised the Affordable Housing Programme. If your household income is $14,000 or lower per month, you can now access 2% mortgage financing for properties (HDC or on the Open Market) valued up to TT$1,000,000. Features of the 2% facility: A graduated payment mortgage arrangement is Read more
Steps in purchasing a home on the private market
Determine your budget The first step is to determine your budget. How much will you be able to afford in monthly payments? If you are a couple purchasing your first property then its 35% of your joint monthly income. Credit Score and Mortgage Availability The next step is to determine your credit status by visiting
Read more
Housing Minister receives a Courtesy Call from Habitat for Humanity International Director
Ms. Mónica Ramírez Londoño, Director of Housing and Human Settlements for Habitat for Humanity International (Latin America and the Caribbean) paid a courtesy call on the Honourable Randall Mitchell, Minister of Housing and Urban Development, today (March 13, 2017) at the Minister’s South Quay office. Ms. Londoño’s visit to Trinidad and Tobago coincides with Habitat
Read more
Minister Mitchell’s Speech – Mt Hope Sod Turning PPP
On November 03, the Honourable Dr Keith Rowley, Honourable Randall Mitchell, Minister of Housing and Urban Development, the Honourable Terrence Deyalsingh, MP for St. Joseph, Mr. Anthony Roberts, Chairman of the San Juan/Laventille Regional Corporation and Mr. Newman George, HDC Chairman, turned the sod for the Mahogany Court Housing Development in Mt Hope. This is Read more
Feature Address – Sod Turning Ceremony – Bon Air South
"The task is therefore up to us to ensure that our housing programme breaks down barriers, lowers costs and increases shelter opportunities for all citizens as the provision of quality homes contributes significantly to the social fabric of our country and improves the quality of life particularly for those in need. This means that there Read more
Victoria Keyes Formal Launch
WELCOME TO VICTORIA KEYES Let me also take this opportunity to welcome you all to this long awaited Victoria Keyes development. This project has been 12 years in the making and today it is finally complete and ready for occupation. And isn’t she a beautiful property. Well situated in one of the most sought after
Read more
Amendments to the Affordable Housing Programme – Increasing the opportunity for home ownership
Effective February 2017, the qualifying income of persons eligible for the 2% interest rate, has moved from $10,000 to $14,000: these persons can also now access properties valued up to $1M. Those earning between $14,001 and $30,000, can now benefit from a 5% interest rate and can access properties valued up to $1.5M
Read more