$1.6-million Silver lake housing project to be funded by CBI Program

The apartment complex will house families displaced by the Silver Lake fire

Minister for housing, land, and water resource management Reginald Austrie has stated that the construction of a twelve residential units building to accommodate the displaced victims of the December 26th fire in Silver Lake will be funded by the Citizenship By Investment Program (CBI).

Speaking at the ground-breaking ceremony held at the site of the fire on Tuesday afternoon, Austrie said that funds coming from the CBI will, in fact, push the construction to be completed by August 2017.

“This is where the money is coming from to build the apartments in Silver Lake….. We are hoping that by August it will be completed, and by September the people of Silver Lake can move into their brand new apartment buildings,” Austrie stated.

He specified that of the 20 displaced persons, eight will move into the “Phase 2” building and 12 will move into a “slightly bigger” building.

“We have to modify the designs to ensure that all the twenty families who were displaced because of the fire, will be united together again by September of this year,” he said.

Austrie has no doubt that under the guidance of trusted persons, the project even has the possibility of being completed earlier than planned.

“We will not have contractual difficulties, we will not have administrative difficulties, and I can guarantee you that in July before August, I will be here seeing you, giving you the keys to your beautiful two-bedroom and one-bedroom apartments here in Silver Lake,” Austrie noted.

He described the CBI as a ” major source of revenue for the country,” and it is “cold-hearted” of anyone seeking to destroy the program.

“Yes you can ask questions, yes you can seek clarification, but at this time where we are in our development, coming from the crisis of the year 2000, having grappled through the last 15 years trying to build an economy and here it is that we have found an opportunity to build our economy, I believe it is cold-hearted of anyone one of us to seek to destroy that program,” he stated.

He affirmed that destroying the CBI will be like destroying the economy of the country.

Austrie told the audience that the government of Dominica “is at your side” regardless of political affiliation.

“We are dealing with people, we are dealing with human beings, with Dominicans. Not because you were born in poverty, you must die in poverty. This is what you elect governments for, to improve your lives and living conditions,” Austrie remarked.

 

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29 Comments

  1. Look It
    February 2, 2017

    You get a CBI funded project, You get a CBI funded project, You get a CBI funded project… We all get a CBI funded project :lol: :lol: :lol: :lol: :lol: :lol: :lol

  2. free
    February 2, 2017

    You all have TOTALLY failed as a Government. Excuses for everything. Dominicans are seeing through this now.

  3. Looking in
    February 1, 2017

    Wooosh. Since Lennox Linton spoke on CBS’s 60 minute program, CBI funding all sorts of projects too pa too. I hope people will not get too upset to see money is being taken from their accounts to fund projects. Kaiso

  4. The Truth Be Told (Original)
    February 1, 2017

    Well stated Minister R. Austrie. The critics must not try to destroy a good and beneficial program.
    The fire at Silver Lake took place in December. The PM stated then that the houses will be rebuilt. Therefore, you critics who shout CBI all of a sudden, have a short memory about what the PM stated. Try learning to be positive, caring and happy for the people of Silver Lake.
    I visualize the residents who lost their homes in the fire are eager to take up occupancy after the completion of their new homes. It is coming! :)

  5. February 1, 2017

    that is just the crumbs. a year plus after TS erika and the country is still in a stagnant condition we are not ants keep your crumbs.

  6. truth , shall set you free
    February 1, 2017

    Man Man Man, All of a sudden CBI CBI CBI, , For so many years CBI in operations , We have never heard of CBI monies , ,But since the panama papers ,Then lennox linton on 60 minutes , The government is even creating avenues to spend CBI moneys, They even planning to bring red clinic into constituencies to spend CBI moneys faster,
    ThANK YOU LENNOX, ,THANK YOU ,THANK YOU ,GOD bless you LENNOX, YOU are a hero, and we stand with you , ALL THE WAY

  7. Truth
    February 1, 2017

    CBI there , CBI everywhere all of a sudden.

  8. February 1, 2017

    % & Doctor, stop spreading this idiotic propaganda.The construction of the Roseau bridge, assistance to the displaced residence of Pitite Savanne, financial assistance to the NEP, financial support for the elderly, the yes we care, financing of a new site for the village of Petite Savanne, just naming a few of the projects that was announced would be funded by the CBI. All of these activities, started started long before Linton appeared on CBS and some before the Panama papers.

  9. woman-to-woman
    February 1, 2017

    Take time to read about another of those shady foreigner with our passport. My people be real and smell the coffee. Is Pedro Fort Berbel living in Dominica like Monfared was?

    http://behindmlm.com/companies/pedro-fort-owns-1-2-million-miami-mansion-fort-ad-pays/TAND UP FOR DOMINICA.

  10. Chakademus
    February 1, 2017

    This is extremely sad. Lazy economics, lazy financial planning, zero foresight. The only economic activity in the country is this shady CBI, Sad, extremely sad.

    ALL our governments, from Mamo onward, have colluded to turn Dominica into a prostitute. There is no nicer way to say it. It is shameful and embarrasing.

  11. Zam
    February 1, 2017

    CBI running things in Dominca, all of a sudden. The only income or project funding machinery is CBI all of A Sudden?
    What about all the money Donors give to Dominica….
    CBI is the best, sweet sweet in its waste, moving in time, spending in time, give me CBI all the time.
    We want in independent commission of enquiry into CBI n secondly a list of the passport holders…. Cause something en right

  12. %
    February 1, 2017

    Wonder why prior to the Panama Papers and honourable Lintons appearance on CBS,where the money was…Something got all u SCARED TO DEATH?

  13. doctor
    February 1, 2017

    thanks to lennox linton the cbi monies are finally circulating

    • John Jules
      February 2, 2017

      Lenox never activated no funds, the Government is just showing you all what the CBI Monies are doing since you all want everything to be transparent. Isn’t that what you all wanted? Like you all eat forgetful food.

  14. Arnobe Verse
    February 1, 2017

    doesn’t anyone else find it sad that the economy of a country is entirely dependent on selling said country citizenship.

    • d-a born
      February 1, 2017

      I’ve been saying that for a quite some time. No other industries are being properly developed to provide employment and income for the citizens.

    • %
      February 1, 2017

      I have always been saying that DLP has destroyed Dominica to the extent that we no longer have an economy!!When evil men rule over a nation that is what is obtained.

  15. I want to know
    February 1, 2017

    Oh, DNO a bird just told me that CBI stands for “Crime Bloggers Investigation”, such as Kenneth Rijock, who owns a Financial crime Blog and, makes it his business to expose those involved in Financial crime and likes to give breaking news of big boys that are being investigated by US law agency. So since is a bird that told the to me, I therefore solicit the help of any human to confirm or correct the information. Just want to know because my name is, I want to know

  16. Possie (60 plus wasted years of Labour )
    February 1, 2017

    That is a very smart way to say they are using the money to help the people. Master plan. Pressure makes water go up hill. It makes things happen.

  17. track eem dong
    February 1, 2017

    There’s too much in de stash; So they are happy to get rid ah it. They still owing workers they need to pay.

  18. I want to know
    February 1, 2017

    “$1.6-million Silver lake housing project to be funded by CBI Program.” DNO what does ‘CBI’ stand for, is it Criminal Business Investors? Just asking because I want to know

  19. DEAF & DOM
    February 1, 2017

    Am I to understand that prior to the CBI nothing was being done and, no money was coming to DA? Between 2013 to the middle of 2016, every single project was Petro Caribe, which the government said would continue even while Venezuelans weren’t able to buy toilet paper or sanitary napkins. But NO MENTION of Petro Carib now. Is it dead now or, was the government lying to us? If my memory serves me right, I realize from sometime about October 2016, or say around the time the Iranian fugitive made his exodus from Dominica, everything about Dominica from salaries to NEP, to hotels, to pit toilet, to contract to build a private property that mysteriously got burned on night of Boxing Day, every single thing is now through CBI? Something is very fishy about the CBI because it appears to me that from January 1, 2017, after the CBS program the government is looking for ways to spend quickly use CBI money. I mean from that time, every single village council on island full of CBI money?

  20. LifeandDeath
    February 1, 2017

    There was a time when everything was seemingly funded by Venezuela too..we not hearing bout Venezuela again since the economic Crisis there. But what’s important is giving the families a place to lay their head..This shouldn’t be an attempt to look for unwarranted support for the CBI in it’s current state..Everything is Politics in DA..That’s despicable!!

  21. Look It
    February 1, 2017

    IF YOU DIDN’T KNOW, NOW YOU KNOW… something is up :(

    Never have I ever seen CIB programme fund sooooooo many projects in one month. Everything is funded by CIB!!! This is from a programme which had been existing for years now.

    These movements are very suspect! I don’t trust it one bit!!!!

    dirty money >>>>>>>>>>>>>>>>>>>>>follow the arrows>>>>>>>>>>>>>>>and voila clean money!!!!

    • Look It
      February 1, 2017

      CBI*

    • February 1, 2017

      I agree that they are trying to spend as much money before they pull them in for questioning, we have to thank CBS for all the other information we are learning about now so don’t be fooled.

  22. Push ON
    February 1, 2017

    :lol: :lol: :lol: :lol: man who would hv thought CIB was doing this good!!!!!every project on island funded by CIB all of a sudden :lol: :lol: :lol: making sure CIB moneys can be accounted for man.

    And you telling me Labourites cannot smell something fishy…. they ain’t pick up that something ain’t right…smh

    ignorance is bliss my people

    RUNNING SCARED :lol: :lol:

  23. nonamegal
    February 1, 2017

    Wait we still blaming UWP who were in power over 17 years ago for issues in the country now. That’s just ridiculous. How many years does DLP need to bring proper, sustainable development including job creation to DA?

    • John Jules
      February 2, 2017

      Yeh UWP never did anything, they crippled the island’s economy.

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