$3.4B HDC project exposed

An in­ves­ti­ga­tion by the Of­fice of Pro­cure­ment Reg­u­la­tion has found a $3.48 bil­lion hous­ing project was pushed for­ward de­spite ques­tions about whether con­trac­tors could se­cure the fi­nanc­ing need­ed to de­liv­er it, while a key sup­pli­er flagged as ac­tu­al­ly be­ing in­sol­vent still qual­i­fied for con­tracts.

The find­ings came from a Ju­ly 1, 2026, in­quiry re­port by the Of­fice of Pro­cure­ment Reg­u­la­tion (OPR), which Guardian Me­dia has pos­ses­sion of.

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For­mer Hous­ing Min­is­ter and MP for Trinci­ty/Mal­oney ref­er­enced the re­port in her bud­get con­tri­bu­tion to the Low­er House on Fri­day.