The Mottley administration is seeking to borrow from the Inter-American Development Bank (IDB) to build low-income houses in an effort to combat over-crowding in some public housing estates – money the previous administration sent back to the bank.
The issue of density in areas such as Pine and Wildey, St Michael, and Silver Hill and Gall Hill, Christ Church, among other areas, still exists because the Democratic Labour Party (DLP) administration returned $48 million out of $60 million borrowed from the IDB for the Housing Neighbourhood project, Prime Minister Mottley said.
The remainder of that loan was cancelled, she added.
“We now find ourselves in urgent need of similar concession funds again. I trust and pray, and perhaps I am raising it with you on a Sunday evening, conscious that Sunday carries with it the characteristics of mercy, and blessings, and that you would not say ‘but we already approved a loan for Barbados on this matter of low-income housing’. But the truth is that regrettably, the people who need that loan are still there,” Mottley told IDB President Luis Alberto Moreno.
Mottley spoke about the need to address the issue of overpopulated areas during Sunday’s signing with Moreno of an IDB Special Development Lending (SDL) loan agreement.
She said the overcrowding issue, which she addressed on numerous occasions, has reached a point that it can no longer continue because it is causing social problems.
“They are not faceless families, they have names, they have feelings, they are sleeping in shifts, and we need to able to resolve this problem as a matter of urgency if we are going to stabilize the country, and allow us to move to the next level,” she said.