Most Needy Families to Benefit from $3 Million Social Housing Development Fund Initiated by Government
The government has made a firm commitment to ensure that the families who are most in need within our society will be the primary beneficiaries of the National Housing Renewal Initiative. This initiative aims to address the pressing housing needs of the most vulnerable populations.
In a significant development this week, the Cabinet has officially approved the establishment of a Social Housing Development Fund, which will receive an initial allocation of $3 million to kickstart its operations.
Maurice Merchant has provided insight into the selection process for residents who will benefit from this fund, indicating that a thorough vetting procedure will be conducted by a dedicated board.
This board will prioritize individuals and families based on their level of need, ensuring that those who require assistance the most will be chosen for support.
The fund is designed to be self-sustaining, with plans for future replenishment through various investments. It operates as a nonprofit initiative, meaning that the majority of the contributions will be subsidized by both the government and private investors.
This approach is intended to maximize the impact of every dollar allocated to the fund and to ensure that it serves its purpose effectively in the community.
This story was first published by Antigua News on : antigua.news/2025/08/22/most-needy-families-to-benefit-from-3-million-social-housing-development-fund-initiated-by-government-2. © 2025 Antigua News. Republication without permission is not allowed.

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