President Irfaan Ali last night announced a slate of government measures, including the provision of free building materials and the reduction of mortgage interest rates for the working class, to accelerate his administration’s housing drive.
The new initiatives, which Ali announced while declaring the International Building Expo open at the Providence National Stadium, are to be rolled out upon the conclusion of the three-day event.
Ali announced that for homes costing $6 million or lower, the Government of Guyana with effect from the last day of the expo will support home ownership by giving every builder in this category the steel and a sling of cement that is required to build a foundation.
