Afra Raymond, based on his research on the effectiveness and delivery metrics of the existing housing policy, was interviewed on the Power 102.1FM ‘Business Corner‘ by Sandrine Rattan on Housing Policy and outcomes.
Programme Date: 20th August 2018 Programme Length: 00:12:48
This morning on CNC3’s the Morning Brew Hema Ramkissoon spoke with Afra Raymond about HDC. Mr Raymond said the plan under the National Housing Authority which was developed in 2002 was to build 100,000 homes in 10 years, he said the HDC has built approximately 12,000 homes. This is from 2003-2015. Video courtesy CNC3
Programme Date: 7 August 2018
Programme length: 00:18:34
“…There are a lot of things that did not go right in the NHA and one of those things had to do with accountability…The HDC is not going to function like that. We are required by law to have the accounts ready in a certain period of time. The CEO will be held accountable and the Cabinet will hold the minister accountable and the Parliament will hold the Cabinet accountable. That is what the HDC means…”
This week I am shifting focus from the ‘Affordability Hoax‘ to the financial aspect of our country’s large-scale public housing program as conducted by the HDC. I am therefore ignoring other agencies such as the Land Settlement Agency and other types of State funding or tax allowances such as mortgage relief etc.
S.18 – to keep the HDC’s books and accounts in accordance with proper accounting standards;
S.19 – HDC’s accounts to be audited annually to proper accounting standards, with that audit report submitted to the Minister and the Board;
S.20 – HDC’s Board to submit its Annual Report to the Minister within three months of the end of the financial year and the Minister to publish that Report to Parliament within three months of its receipt.