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"id": 1548108,
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"type": "speech",
"speaker_name": "Sen. Chute",
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"speaker": {
"id": 13583,
"legal_name": "Chute Mohamed Said",
"slug": "chute-mohamed-said"
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"content": "Housing regarding the progress of the affordable housing and related infrastructure development. In the Statement, the Committee should address the following- (1) The total number of completed affordable housing units, their total construction costs, the amount already paid to contractors, any pending payments and the selling cost of the housing units per square metre highlighting variations based on location and unit type; (2) The role the Ministry of Public Works and National Construction Authority plays in overseeing affordable housing projects, particularly in ensuring compliance and maintaining quality standards; (3) Number of housing units the National Housing Corporation (NHC) is currently constructing, the number handed over, the outstanding payment due to National Housing Corporation, and disclose any loans secured by the National Housing Corporation from commercial banks, including their interest rates and the payment terms; (4) Housing levy collections, detailing the total amount raised to date, allocation of monies to the various housing projects, the number of fully paid-for houses handed over to beneficiaries, the number of land titles issued under the affordable housing programme, the total land size in acreage that was transferred, and the distribution of title deeds between individual developers and the joint ownerships; and, (5) Whether the Government invested housing levy collected in treasury bonds, and if so, what are the applicable interest rates and investment durations."
}