The HDC Hosts Small and Medium Contractors (SMC) Housing Initiative 2020
On January 21, the Housing Development Corporation (HDC) hosted the Trinidad and Tobago Housing Development Corporation’s Small and Medium Contractors (SMC) Housing Initiative 2020.
This is a Government initiative intended to initiate a new housing construction programme, whereby qualified small and medium sized contractors will now be given the opportunity to construct basic “no frills” three-bedroom, two-bathroom houses on serviced lots, either on vacant lots in existing housing developments or in available Government land developments, using drawings and specifications produced by the HDC.
No-frills houses are basic houses with the standard finishes to allow occupation. The homeowners will be allowed to customize and improve the unit according to his/her own preference.
Contractors will be required to construct the units using drawings and specifications produced by the HDC, at an approximate cost of $250,000 to $500,000.