The Northern Marianas Housing Corp. has shelved the Babauta administration\u2019s Plumeria Estate project for lack of identified funding and in view of the entry of a new leadership.<\/p>\n
\u201cIt is shelved unless the new administration wants to get into it. We are in a wait-and-see situation,\u201d said NMHC board member Tom Glen Quitugua.<\/p>\n
Further, he said that the project depends primarily on the Housing Task Force, which currently lacks a chairman. It was previously chaired by Public Works Secretary John Reyes, who resigned recently.<\/p>\n
\u201cNobody is heading the task force right now,\u201d Quitugua said.<\/p>\n
Quitugua, who is the chairman of the Commonwealth Development Authority, earlier described Plumeria as a worthwhile project. He said it would help solve the housing shortage in the CNMI.<\/p>\n
\u201cThe government has always said that there\u2019s a shortage of homes. So if there\u2019s a developer, Plumeria is a worthwhile project to entertain,\u201d said Quitugua.<\/p>\n
The task force had asked the Marianas Public Land trust to finance the construction of roadways, water and sewer facilities in the proposed site in Koblerville, costing some $5.8 million. The proposal did not pass the MPLT board, citing the government\u2019s lack of capacity to repay the Trust.<\/p>\n
Earlier, Reyes said that the task force would tap 702 capital improvement funds for fiscal years 2007 and 2008 to pay off MPLT.<\/p>\n
The incoming administration of Fitial-Villagomez, however, is more likely to use this funding for other priority projects.<\/p>\n
The Plumeria project involves the construction of new houses for first-time homeowners on approximately 13 hectares of land in Koblerville.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Northern Marianas Housing Corp. has shelved the Babauta administration\u2019s Plumeria Estate project for lack of identified funding and in view of the entry of a new leadership.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-96722","post","type-post","status-publish","format-standard","hentry","category-local-news"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/96722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=96722"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/96722\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=96722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=96722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=96722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}