17 April 2012
The extra funding required for the proposition has become available due to improved taxation revenues.
The projects in question would be: the refurbishment of La Collette high rise; refurbishments and additional units at Osborne Court; new builds at Le Squez, Journeaux Street and Lesquende; and further new builds as part of the Purchase of Life Long Homes scheme.
The allocation of the funding, which is to be released on a project by project basis, was agreed following discussions between Senator Ozouf and the Housing Minister, Deputy Andrew Green.
Senator Ozouf said “This funding will provide much needed social housing for vulnerable Islanders, while also giving a welcome boost to the construction industry. Tackling unemployment is a stated priority for this government and we will be working with the industry to ensure that locally qualified unemployed people are able to make the most of the job opportunities that these projects will create.”
Deputy Green said “Combined with the move to incorporate the Housing Department, this funding and the resulting projects mark the start of a new era for our social housing. Capital spending on social housing will help the States meet its obligation to ensure that all Islanders are adequately housed.”