Beneficiary Owned Land (B.O.L)
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Overview
This programme, is to assist applicants who are in the process of erecting their new dwelling house. Applicants are advised to trench out and cast their floor slab/foundation before benefitting from the first tranche.
Eligibility
- Citizens of Trinidad and Tobago, residing in Tobago for at least (5) years prior to application.
- Citizens who are in possession of residential land and require assistance to construct a house can apply.
Required Documents
- Copy of Birth certificate and affidavit if applicable
- Copy of Identification Card
- Copy of Land & Building Tax Receipt From 2009
- Copy of Deed or Statutory Declaration for Land
- The Builder’s Estimate for Construction Labour and Material (Not Exceeding $400,000).
- Job letter/Pension Slip/National Insurance Letter
- Proof of contribution
- Approved house plans for home construction
- Affidavit stating Non-Ownership of additional property
- Copy of recent utility bill (WASA, T&TEC)
- Marriage Certificate, Divorce/Decree
- Death Certificate
- Statutory Declaration for Self-Employment/unemployment.
Application Process
- Interview with CSR, documents verified, info entered into database.
- Site visit by engineering Aide to your property, report & recommendation submitted.
- File approved or denied by administrator.
- Dispatched to accounts unit for cheque processing.
- First tranche grant cheque disbursed.
