Trinidad and Tobago Housing Development Corporation Profile

The Trinidad and Tobago Housing Development Corporation (HDC) is an Agency of the Ministry of Planning, Housing and the Environment. It was created by Act No. 24 of 2005 to replace the older National Housing Authority (NHA). The Corporation is mandated by the Act to:

Provide affordable shelter and associated community facilities for low and middle income persons and;
Carry out the broad policy of the Government in relation to housing.

The Corporation’s core functions are:

• Construction Management
• Facilitation of Housing Construction
• Facilitation of Access to Mortgage financing
• Land Development
• Land Acquisition
• Property Management
• Research and Planning

The HDC fulfills its mandate through the Accelerated Housing programme, the umbrella for the Corporation’s construction programme. The Construction programme comprises three components: Infill Lots, Joint Venture and the Urban Housing programme.

• Infill
  Small contractors are utilized to construct new homes on available lots in existing HDC developments. In so doing, the Ministry of Housing ensures that small contractors are able to participate in the Housing Programme and provides invaluable business experience for these micro companies.
   
• Joint Venture
  The Housing Development Corporation enters into joint venture partnerships with medium and large contractors to design and build new homes, and communities, across the country.
   
• Urban Housing
  The Urban Housing Programme envisages the revival of existing, large urban centres by improving and increasing the number of available housing units, upgrading commercial centres and providing necessary, attendant civic and social amenities.

The Corporation is also providing affordable, accessible housing through the creation of sustainable self contained New Towns on Green Field sites across the country. These towns will provide residential units, services, employment opportunities recreational facilities and other civic amenities.