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Deal For Serviced Lots In Fox Hill Likely To Get Passed

By RASHAD ROLLE

Tribune Staff Reporter

rrolle@tribunemedia.net

GOVERNMENT is expected to move a resolution in the House of Assembly today seeking approval for the conveyance of 1.2 acres of land in Fox Hill to be developed for sale as serviced lots.

A statement from the government on the matter said: “The focus of the Department of Housing is on installing the necessary infrastructure on land to be developed and sold at cost to first time homeowners in New Providence and the Family Islands, rather than selling already constructed homes.”

According to Environment and Housing Minister Romauld Ferreira, work on the property began in 2014 and included “the initial clearing of the property for the surveying of the proposed site and design of a small subdivision.”

“The subdivision will comprise ten serviced lots that will be sold to young Bahamians and will be called the Lionel Davis Subdivision,” he said. Mr Davis was the MP for Fox Hill from 1968 to 1977.

The Access to Affordable Homes Act, passed last year, allowed owners of serviced lots to apply to the minister of finance for exemption from custom duties and excise tax on materials needed to construct a single-family dwelling home.

Owners must find their own contractor and architect or use pre-existing housing plans offered by the government.

According to a government statement, serviced lots in Sunset Close were sold for under $20,000 to police officers, defence force officers, customs officers and teachers. The lots in Lionel Davis Subdivision are expected to be sold for a similar price.

The Department of Housing has also identified land for subdivision development in Abaco, Andros, San Salvador and Carmichael Village Subdivision in New Providence.

Comments

TalRussell 7 months, 3 weeks ago

Yes or no on surface helping comrade citizens obtain land at discounted price is welcomed positive move by Imperial red shirts - provided among other enforceable clearly stated conditions including that the sale can be fully revoked if no home is constructed, completed and being lived in within maximum 2 years and only IF occupied by principal Purchaser ongoing for a minimum number of years - say 10 years at minimum.... property cannot be sold, assigned or leased to another party. Yes, no?

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sheeprunner12 7 months, 3 weeks ago

They had a big debate in Parliament to sell 10 lots?????? ........... Seriously???????

This is a BIG joke ........... Meanwhile 400 lots remain unsurveyed in Matthew Town, Inagua for 5-10 years while they want to build their homes on Crown Land ....... Shameful.

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