Property Matters – Procuring State Housing – Part 2

Some concerns have emerged on the concentration of a large number of land agencies and, of course, the newcomer, LandMarkTT Properties Ltd, into the portfolio of Land and Legal Affairs Minister Saddam Hosein. While it is true that there are now a large number of state agencies under this Minister’s control, I balance that against two perspectives.

  1. Firstly, Trinidad and Tobago has always had severely oversized Cabinets, given our modest size, so as a point of principle, a large number of agencies under one Minister is not in itself offensive to good order. That would really depend, in my view, on the quality of the various Boards and Officials of those agencies.
  2. Secondly, the OPR has a statutory role in ensuring compliance with the Public Procurement & Disposal of Public Property Act, which Minister Hosein expressly affirmed when explaining how these agencies will work together. See Govt clarifies Landmark TT housing model amid criticism – Trinidad Guardian.

According to its own website, LandMarkTT Properties is expressly catering to ‘…the growing demand for high-quality, unsubsidized housing…‘ see Home – LandmarkTT Properties Limited – GovNeTT Digital Experience Platform.

Under the OPR rules, LandMarkTT Properties is required to publish all contracts awarded, but reportedly did not do so for that ‘Allamby’ contract until after the OPR’s formal request. That is the ‘thing’, but what is the ‘meaning of the thing’? Was it that those public officials knew of the legal requirement and just ignored it, or was it that those officials were simply unaware of that requirement? More to the point, which of those alternatives is worse? So why can’t this ‘Allamby’ contract be published now?

Minister Saddam Hosein

Just consider Minister Hosein’s statements to Parliament on Friday 15th May 2026 that no Public Money is being spent on this ‘Allamby’ project –

…the State is not required to seek financing for any of these housing projects, as no public funds will be used for the construction of those houses…

…The developers will be required to fund the entire construction and infrastructural cost of the projects…”.
(both citations are from pg 7 of that day’s Hansard)

Two questions need to be answered –

  1. Firstly, what is the area and value of the State lands committed to this project?
  2. Secondly,the ‘Allamby’ Contract sum is disclosed as $129,283,650.00 at the Contracts Awarded – LandmarkTT Properties Limited – GovNeTT Digital Experience Platform website. So, if ‘no public funds will be used’ on this project, what does the reported figure of $129.3M refer to?

Moving beyond ‘Allamby’, if we accept the express statements on LandMarkTT Properties along with the disclosed contract sum, these are investments of public resources in a part of the housing market already served by the private sector. That is ‘crowding-out’ of private sector developers, which really only ought to be done if there are strong externalities to justify the action.

To my mind, there does not seem to be any visible difference between the programs of the HDC and LandMarkTT Properties.

The LandMarkTT Properties’ contract, now under OPR review, and the HDC’s intended award of eleven contracts totalling $3.48 Billion to create 3,700 new homes are a continuation of the misguided public housing program under the 2002 National Housing Policy. That Policy finds statutory expression in the HDC Act (No 24 of 2005) at Section 13(1)(a), which mandates HDC to create affordable housing for low and middle income applicants.

Just consider the basic arithmetic, which shows us that those new HDC contracts would produce housing at a contract sum averaging $940,000.

[$3,480,000,000 ÷ 3,700 = $940,540].

Please remember that the land is never included in these announcements, so those sale prices would be in the $1.0M range, which would require monthly mortgage payments in the $7,000 range and a monthly household income in excess of $21,000. The most recent CSO research was the 2011 census, which showed that 70% of our households have a monthly income of less than $9,000. So, what are we really doing?

The issue here is that most of the HDC applicants cannot qualify for a mortgage, simply because they are too poor. At least 95% of those HDC applicants are in that predicament, while getting news of these huge new projects with no provision for any poor families. None for them. Despite the self-serving press statements and the utter abuse of the word ‘affordable’, the entire new program comprises new homes for sale. Not one new home for rent. There is an undeclared ‘cozy consensus’ between our political parties on this important issue, at least insofar as remaining silent on new homes for our neediest citizens.

That undeclared consensus can embolden public officials to make entirely bizarre statements. Just consider Minister Hosein’s reported statement to Parliament (p.6) on Friday, 15 May 2026:

“Under the PPP model, the State shall make lands available to private-sector investors and developers who shall, in turn, construct fully planned housing communities targeted at mid-to-upper income earners. These housing units will be situated in gated communities, with modern design and amenities to cater for the working class.”

So, ‘mid to upper income earners’ are now being openly portrayed as ‘the working class’. Well, I tell you eh.

Going further, there is a pregnant issue when one considers the intersection between these Housing Policy issues and the Public Procurement and the Disposal of Public Property Act (PPDPPA). The established learning is that Public Money is to be managed and accounted for to a higher standard than Private Money. That is fundamental in understanding the importance of high standards of Public Sector Governance. Our Housing Policy and its statutory root require that HDC dedicate itself to creating affordable housing for low- and middle-income applicants. Alongside those obligations in its originating statute, HDC is also required to comply with the PPDPPA and the OPR regulations. The PPDPPA/OPR mandates that every project, before it is advertised, must have satisfied a Needs Assessment, which requires the deep consideration of these questions: What are we doing? and Why are we doing it?.

Interestingly enough, that process is part of the internationally accepted Procurement Cycle used in both the Public and Private sectors.

When one juxtaposes the demonstrated Housing Policy dysfunction with the legal requirement for a Needs Assessment, it is inconceivable that those projects, which do not at all conform to HDC’s legal requirements, could have satisfied any proper Needs Assessment. Of course, it is open to HDC to show us otherwise, after all we are paying for the whole exercise, not so?

Thus far, our reports and debates on these issues have been confined to the usual claims of connected contractors, politically favoured players and allegations of improper behaviour. None of those issues are unimportant and they must be treated with due seriousness, but what is emerging here is the far more serious implications of our entrenched practices. The PPDPPA established ‘Value for Money’ as being fundamental, but if we are to recognise the moment for what it is, what we now need to develop and advance is the notion of ‘Value for Public Money’. We must explicitly behave as if Public Money is more important than Private Money, there is no alternative. We have to advance these concepts to properly defend the Public Interest.

Given that ‘cozy consensus’ between the political parties, we cannot expect these critical issues to be raised by any of those. Issues of this kind ought to attract the attention of our scholars at UWI and UTT, but here we are. Between a rock and a hard place, what a disgrace.

3 thoughts on “Property Matters – Procuring State Housing – Part 2

  1. This is the general issue. Our leadership does not seem intent on actually providing housing for the vast majority of our citizens. Thank you for tangibly describing the disconnect between what is being developed and what can be afforded (in the real sense of the word) by the citizens who need housing.

    1. Yes, Chantal, thanks for your supportive comments. Now understand well that this pointed analysis of our public housing program also shares a tandem relationship with another sly erasure, in which our Rent Assessment Boards simply no longer exist…but that is for another series eh…

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.