According to SSB on its website on August 23, 2022, prospective homeowners will be selected via “The Lottery Draw” process. It also said the selected homeowners will have 60 days to finalise their mortgage and inform the Social Security Board accordingly.
The Social Security Board also encouraged all applicants to familiarise themselves with the steps as the selection process continues.
It said each applicant will receive a verification form via e-mail. The completed form should be returned within 5 days of acknowledged receipt. Confirmed Applicants will be required to attend the Joe’s Hill Manor Estate Homeowners Workshop.
Verified applicants, according to SSB, will be invited to view the home for which they applied.
“Verified applicants will seek financial preapproval from their bank of choice to fund their respective home,” SSB stated.
It also said if persons have submitted an application for a home and have not yet been contacted, they should call 852-7805 or 852-7827.
The Joe’s Hill Manor Estate is a housing community of 25 buildings: comprising of fifty-two residential units and one commercial space.
The development of the estate marks the beginning of the Social Security Board’s “First-time Homeowners Programme”.
The buildings are strategically constructed on seven acres of hillside with views of commercial Road Town and the south coast Harbour.