Housing Development Corporation

PARTNERSHIP: Housing Development Corporation divisional manager, finance, Dominique Devenish, right, and Massy InfoCom senior manager, technical support services, Natasha Stuart, formalise the SurePay agreement, at the HDC’s office in Port of Spain last week.

The Housing Development Corporation (HDC) has ramped up efforts to reduce customer delinquency.

The HDC announced that it has partnered with bill payment service, SurePay, to give customers an additional option to make their monthly payments.

In a media release, it said the strategic partnership with Massy Technologies InfoCom, owners of the SurePay brand, is expected to benefit over 10,000 HDC clients.

“It is expected that through this partnership with SurePay, there will be a reduction in client delinquency as customers will have fewer reasons for being in breach of their agreement with the HDC,” the Corporation stated.

Surepay has 14 payment outlets locally.

“Along with visiting the HDC’s offices during regular working hours, clients are now able to honour their monthly financial commitments at any SurePay full-service location,” the HDC said.

“This service is available with immediate effect and targets any customer in good financial standing with a Licence to Occupy (LTO), Rent to Own (RTO), rental or mortgage agreement from the HDC,” it added.

HDC managing director Brent Lyons said he was extremely happy with the partnership with SurePay because it allows customers to ensure that their accounts are up to date and that they remain in good financial standing.

“This service is one of the many methods we are implementing to improve our client service relationship and forms part of a larger programme to reduce customer delinquency,” Lyons stated.

The HDC highlighted that in addition to its partnership with SurePay, it has introduced other debt reduction initiatives.

“In 2018, the HDC revised its overall Debt Collection Programme and introduced a debt collection vehicle in order to encourage customers to be more responsible homeowners,” it noted.


FINANCE Minister Colm Imbert is assuring that the Office of Procurement Regulation would still have the power to investigate government-to-government arrangements after Government makes “slight” amendments to Section 7 of the Public Procurement and Disposal of Public Property Act next month.

A CALL has been made for Government to take immediate action on campaign finance reform and implementing the public procurement legislation.

Without these two pieces of legislation, says the Trinidad and Tobago Transparency Institute (TTTI), this country’s scoring on the Corruption Perception Index (CPI) will remain stagnant.

Publicly listed TTNGL’s profits declined last year because the international prices of its three products—natural gas liquids propane, butane and natural gasoline—have tumbled, said Dominic Rampersad, president of Phoenix Park Gas Processors Ltd (PPGPL) yesterday.

EXPORTT, this country’s official export facilitation organisation, has started to think of Cuba as a critical “gateway market” to the rest of Latin America.