Rural

Reduced contribution for rural housing assistance

Rural Fijians applying for the Rural Housing Assistance (RHA) Scheme can expect to save costs following a decision by Government to reduce applicants’ one-third contribution. The amendment follows a reduction in building materials costs attributed directly to the decrease of Value Added Tax from 15 per cent to 9 per cent. Ministry of Rural and […]

DEPTFO

April 13, 2016 6:21 pm

Rural Fijians applying for the Rural Housing Assistance (RHA) Scheme can expect to save costs following a decision by Government to reduce applicants’ one-third contribution.

The Permanent Secretary for the Ministry of Rural & Maritime Development & National Disaster Management, Mr Meleti Bainimarama during a press conference this afternoon. (Ashutosh Singh/Newswire).
The Permanent Secretary for the Ministry of Rural & Maritime Development & National Disaster Management, Mr Meleti Bainimarama during a press conference. (Ashutosh Singh/Newswire).

The amendment follows a reduction in building materials costs attributed directly to the decrease of Value Added Tax from 15 per cent to 9 per cent.

Ministry of Rural and Maritime Development and National Disaster Management permanent secretary, Mr. Meleti Bainimarama said the 1/3 contribution of the RHA Programme is based on the current market price of building materials.

The previous market price for the 24×16 timber frame RHA building was $18,307.19 and applicants had to pay a 1/3 contribution of $6,102.43.

Due to the reduction in VAT from 15 per cent to 9 per cent as announced by Government, the current or new market price has decreased to below $18,000 and accordingly we have reduced the 1/3 contribution to below $6,000.

We are urging rural Fijians to take advantage of this change and benefit from cyclone-resistant homes.

Mr. Bainimarama added that the slight variation in costs between the divisions is based on the current market price of building materials at the divisions.

The new one-third contributions for Rural Housing Assistance are as follows:

gov-announcement

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