Repayment of housing loans slow at Henties Bay

18 Aug 2014 14:10pm
HENTIES BAY, 18 AUG (NAMPA) - Some beneficiaries of the government-funded Build Together housing programme in Henties Bay have not been repaying their housing loans.
This was revealed by the town’s Acting Chief Executive Officer (CEO) Bianca Miriam Nguaiko in an interview with Nampa on Monday.
“The beneficiaries of the Build Together loans are not paying back their loans, and this is a concern as without the money, we are unable to construct more houses for other people,” she said on the progress of housing projects at this small town in the Erongo Region.
Beneficiaries received housing loans of N.dollars 40 000 each, and are expected to pay back in 20 years.
Nguaiko thus used the opportunity to kindly request all beneficiaries to start paying back their loans, and to avoid hampering the efforts to provide housing for all.
The Henties Bay Town Council is working on the matter to see to it that such loans are repaid on time.
Unlike some other towns which struggle with their Build Together projects, Henties Bay successfully completed 202 houses last year.
“We build a good reputation with this programme, and we want to keep it as such. Due to the fact that our Build Together project was a success, and we have available erven, Government decided to make us one of the first small towns to start with the Mass Housing project this year,” enthused Nguaiko.
The Mass Housing programme started in different regions earlier this year.
Touching on the Mass Housing programme, Nguaiko said Henties Bay already completed 38 houses under that programme, and these will soon be handed over to the owners.
“We are expected to complete 80 houses under the Mass Housing programme this year.
The construction of the remaining houses will start as soon as we move people from the erven we want to develop,” she continued.
People who currently live in shacks will be given Mass Housing units, and their shack erven will be serviced to build more houses under this programme.
“We have 600 residents living in shacks, and our aim is to get rid of such establishments and provide people with proper houses,” Nguaiko stressed.
Furthermore, the town council also sold 13 plots to the National Housing Enterprise (NHE) to construct houses for middle and high-income earners at the town.
She said this is to ensure that the focus to provide housing is not only on low-income earners, but on all Namibians.
Henties Bay has a population of about 80 000 people, and is located some 70 kilometres north-east of Swakopmund.