Share Email Print Font Size A A A

Families to See Rent Slashed

4 July 2007 | The Royal Gazette

Three hundred families will see their rent slashed to a quarter of their income after the Bermuda Housing Corporation moved to make their monthly bill more manageable.

And the BHC will take an additional ten percent of their earnings and hold it in a special savings account.

Meanwhile another public/private partnership, similar to Loughlands in Paget, is on the cards

Housing Minister, Sen. David Burch, took to the airwaves last night and gave an in-depth update on Government's housing initiatives. In the broadcast he gave anticipated start and completion dates for many developments that have been in the works for years and unveiled ambitious new plans. MORE! ยป

Tags: