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Homepage> Archive> Friday 5th November 2004> Housing Assistance Explained
 

Housing Assistance Explained

In the wake of Hurricane Ivan, people all across the community are facing—both mentally and physically—the daunting task of recovery. Two of the important programmes have been initiated to provide financial assistance as people begin repairing their homes and lives:

Housing Recovery Grant

Deadline: 30 November 2004

Priority given to: applicants with a total household income below CI$40,000, the uninsured, elderly and indigent Maximum funds granted: CI$15,000

Criteria:

  • Damage must have resulted from Hurricane Ivan
  • Funds must be used strictly for primary dwelling restoration, that dwelling to be a permanent structure
  • Funds can only be used for property damage not covered by insurance
  • Property must be an owner occupied, single dwelling unit
  • Applicant must be Caymanian or hold Caymanian status

An application is considered complete only when an estimate for repair or restoration is attached, together with:

  • Copy of passport, birth certificate, or other evidence of Caymanian Status
  • Land registry information if available

Turnaround Time:

There is a five-day response time for completed applications. Those received without an estimate cannot be processed until the necessary information is provided.

Applications can be picked up at Cayman Islands Development Bank (CIDB) on Dr. Roy’s Drive.

Contact numbers: 326-4060 / 4061 / 4062 / 4063 / 4064

Cayman Islands National Recovery Fund

Deadline: None set

Priority given to: families with young children, elderly, disabled Maximum funds granted: CI$10,000

Criteria:

Any person who has been injured, bereaved, rendered homeless, destitute or otherwise adversely affected by Hurricane Ivan, including low income persons, may apply.

Applications may be picked up at police stations, gas stations, churches and the NRF office at Trinity Square.

Contact numbers: 943-3863, 925-5591 / 5592 / 5593 / 5594

Eligible persons should note that they may apply for both the Housing Recovery Grant and the National Recovery Fund. However, they may not receive more than CI$15,000 in total, a limit which is being monitored by both the CIDB and the NRF.