Douglas recently told the media that his Cabinet is hoping to have all the facts surrounding the issue, as a matter of utmost priority, according to a release from the Office of the Prime Minister. The project in question is the Beacon Heights Housing Development which some say has already received over 80 million dollars of Social Security funding; yet not even one house has been completed. Though 10 are believed to be currently under construction, observers have revealed that no roof has been placed on any of the dwellings. (Photo courtesy Sknvibes)
When asked about the matter, Douglas gave media workers the impression that he too was at a loss for the reasons surrounding the delay in the project and he promised that he intended to look into the matter before saying too much. He said that his Deputy Prime Minister, Sam Condor, who is the Minister Responsible for Social Security, has been asked by Cabinet to provide a report by next Monday’s Cabinet Meeting, (24th October, 2011).
Douglas admitted that he is aware that there has been considerable public discussion pertaining to a document that has been circulating with reference to Social Security.
He said that “Upon receipt of this report we will be in a far better position both to assess the facts, and to determine the responsible and appropriate response to same.”
In a recent radio programme the Social Security Board spoke of its decision to develop the Beacon Heights project on approximately 90 acres at Dewars’ Estate as another branch of housing as it seeks to promote a different level of investment of its funds for higher returns in order to enhance the Fund.
It envisages the provision of at least 190 homes with very scenic views, with parks and gardens, and a commercial area. This advanced level development is expected to feature the absence of unsightly overhead utility lines, and the entire community will be somewhat self-contained, outlined a government statement.
“It is being done directly by Social Security and represents our flagship contribution to high end housing for upper-level income earners. Thus, while our contribution to low and middle income housing will continue to attempt to satisfy the needs of the less financially able, this newest initiative (Beacon Heights) will offer an option that will be accessible by higher income earners while at the same time providing a source of greater investment income for the Social Security,” the Social Security was reported to have stated in the radio programme.