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Low-income and minimum-wage earners will be given priority access to apartments at the long-delayed Edinburgh 500 Towers in Chaguanas, according to Housing Minister Adrian Leonce.
During a site visit on Wednesday, Leonce announced that each of the two towers comprises 70 apartments, with ground-floor units reserved for persons with disabilities. The development offers a rent-to-own model, with monthly payments ranging from $1,000 to $1,800 for two- and three-bedroom units.
Leonce emphasized that successful applicants must join a legally constituted homeowners’ association, which will collect a monthly maintenance fee and ensure compliance with lease terms. He warned that tenants who attempt to sublet their apartments in violation of their contracts could face legal action by the Housing Development Corporation (HDC).
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