The Central Bank of Liberia (CBL) Executive Governor, Dr. Joseph Mills Jones, has promised Liberians the bank’s continual preparedness to help improve their livelihood.
Dr. Jones gave the assurance recently at the official issuance of temporary ownership certificates by the National Housing Authority (NHA) to Brewerville Housing Estate residents. The certification program was held in the conference room of the Liberia Bank for Development and Investment (LBDI) under the auspices of NHA in collaboration with LBDI.
According to Dr. Jones, CBL provided US$10 million to the NHA through LBDI for a 10-year housing mortgage financing.
About 80 percent of the US$10 million provided by the CBL has already been disbursed by LBDI to finance estate housing, commercial housing and individual housing, Dr. Jones disclosed.
“This is just the beginning, and we can assure you, Madam President, that there are a lot more to come,” the CBL Governor said.
Assuring the gathering that the bank would ensure that LBDI makes available affordable housing for Liberians, he noted, “Low income housing creates economic opportunity and employment for the people.”
Sixteen tenants received temporary ownership of their homes in Brewerville; while David K. Doe, who made 100 per cent payment for his mortgage, received his registered deeds.
Those awarded temporary ownership certificates are: Messie A. B. Allen, Chea Romeo Brooks, James Kesseley; Patricia A. Darpoh, Jacqueline S. McCritty, Hashme A. Kromah; Dayor N. Wisseh, Princess Pratt and Zedrous Kokeh.
Others who received temporary certificates of ownership are: Novella W., Movella L. Johnson, Evangeline Johnson; Weade S. W. Sheriff, Roseline Jeh, Amos Noweh; Nahdi and Tolbert Kerkulah. They are the first tenants to occupy 16 of the NHA’s 53 housing units in Brewerville.