Isaac shocked by PM’s admission that taxpayers are subsidizing National Housing construction by up to $150k per home

D. Gisele Isaac, Chairman of the United Progressive Party (UPP), wants to know how much, so far, has been expended by the National Housing and Urban Development on its housing project.

Under the scheme, the Government initially said it is constructing low-income homes in a number of areas, including Dredge Bay, Paynters and Denfields.

However, Isaac says she is shocked by how much money Prime Minister Gaston Browne says the Government – or, more accurately, the taxpayer – is underwriting on the construction of each home: that is, between $100k and $150k.

She says the Government has made it onerous for actual low-income families to own a piece of the rock, noting that these workers do not have the financial capacity to afford these houses.