$10k on offer for home repairs
CNS): The Premier's Office is offering grants of as much as $10,000 to local home owners who need important structural or health and safety repairs to their house but who are not in a financial position to undertake the work. Although no formal policy has been announced by Premier McKeeva Bush, an advertisement in the local press on Monday indicated that the money to finance the home repair grants was coming from government's deal with the Dart Group. The notice indicates that a committee has been formed to oversee applications and the members will visit each location to assess the work needed.
The advertisement, which appears on page 3 of Monday's Caymanian Compass, (posted below) states that, using funds from the ForCayman Investment Alliance, the Premier's Office will make ordinary grants of up to $10,000 and possibly more at the discretion of the committee. The office says each application will be decided by the committee based on its own merits, although there is no indication how many grants will be given or how much of the Dart cash has been allocated to the programme.
The government has not revealed the members of the committee who will be making the decisions, and the criteria for application appears to be quite wide, However, the advertisement says that reputable contractors will be required to submit written quotes on the repair work required by applicants.
Members of the public applying for the grants must be 18 years and the property in need of repairs must be their sole residence and be at least five years old. The advertisement says that those already receiving mortgage relief will not be eligibly for this additional grant unless there are extenuating circumstances. It also indicates that priority will be given to health and safety repairs or homes where children are at risk.
The notice appears to be the first indication of the new government policy as there have been no policy statements made by McKeeva Bush regarding this particular programme, or debate in the Legislative Assembly about the initiative, which is not being handled via the planning department but directly by the premier's office.
The funding is coming from money given to government as part of the ForCayman Alliance with Dart, although Bush confirmed that the donation of $5 million made by the islands' largest developer last year as part of a sub-deal signed with the NRA, government and Dart was going into general revenue.
The Office of the Auditor General said Monday that it had become aware of the proposed programme as a result of the advertisement and it would be including the project in its review of government finances.
|Advertisement for home improvement grants.pdf||947.67 KB|
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