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Tuesday, June 3, 2025

Housing lots for ex-Petrotrin workers

by

1382 days ago
20210821
Housing Minister Pennelope Beckles, centre, is assisted by Minister in the Ministry of Housing Adrian Leonce, right and LSA Chairman Wayne Innis at the turning of the sod at the Glenroy II site, Princes Town.

Housing Minister Pennelope Beckles, centre, is assisted by Minister in the Ministry of Housing Adrian Leonce, right and LSA Chairman Wayne Innis at the turning of the sod at the Glenroy II site, Princes Town.

Hous­ing and Ur­ban De­vel­op­ment Min­is­ter Pen­ne­lope Beck­les turned the sod on Fri­day for Phase I of the Petrotrin Res­i­den­tial Lots Pro­gramme at the Glen­roy II site, in Princes Town.

The pro­gramme, launched in 2020 for for­mer em­ploy­ees of Petrotrin who were ter­mi­nat­ed in No­vem­ber 2018, fol­low­ing the clo­sure of the re­fin­ery, pro­vides ser­vice­able lots of ap­prox­i­mate­ly 5,000 square feet for a lease pe­ri­od of 199 years, with all of the re­quired in­fra­struc­ture, lo­ti­fi­ca­tion and statu­to­ry ap­provals free of charge.

The Land Set­tle­ment Agency (LSA) will be re­spon­si­ble for de­vel­op­ing the lots through the Pub­lic Sec­tor In­vest­ment Pro­gramme (PSIP) and the In­fra­struc­ture De­vel­op­ment Fund (IDF) while the Com­mis­sion­er of State Lands will be re­spon­si­ble for is­su­ing the lease ti­tles for the land.

In keep­ing with the Min­istry’s Aid­ed Self-Help Hous­ing mod­el, pre-ap­proved house plans, tech­ni­cal as­sis­tance and over­sight for the con­struc­tion of the hous­es would be pro­vid­ed by the LSA, while sub­si­dized loans can be ac­cessed through the Trinidad and To­ba­go Mort­gage Fi­nance Com­pa­ny (TTMF) for el­i­gi­ble ap­pli­cants re­quir­ing mort­gage fa­cil­i­ties for home con­struc­tion.

Ap­pli­ca­tions, which have been re­ceived from el­i­gi­ble, for­mer em­ploy­ees for the lots, have been en­tered in­to the Min­istry’s data­base and will be se­lect­ed when each of the nine sites cur­rent­ly ear­marked for the pro­gramme is ready for dis­tri­b­u­tion, us­ing the Min­istry’s ran­dom se­lec­tion draw process.

Beck­les said that “the Gov­ern­ment is com­mit­ted to work­ing in the best in­ter­ests of all cit­i­zens, and as such is do­ing all it can to cush­ion the ef­fects of the fall­out in­curred from the Petrotrin clo­sure, ever mind­ful that ac­cess to these res­i­den­tial lots can be a re­al game-chang­er in im­prov­ing the so­cio-eco­nom­ic prospects of these ex-em­ploy­ees.”

She added that “by en­abling our cit­i­zens a path­way to prop­er­ty own­er­ship, we are not just meet­ing a fam­i­ly’s need for safe and se­cure shel­ter and the abil­i­ty to earn a liv­ing through agri­cul­tur­al pur­suits, but we are al­so pro­vid­ing a tan­gi­ble op­por­tu­ni­ty that will change their lives for­ev­er.”


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