DHL Board Chairman touts a financial institution for $34M financing for housing for public officers11/17/2017 Chairman of the Dominica Housing Loans Board Felix Thomas is praising the efforts of one financial institution here for coming on board to assist with the plight of middle and low income public officers with financing to the tune of $34M for housing. He says that sum greatly assisted in reducing the interest rate from 7.5 to 5.5% across the board. $21Million went to housing while the rest of the funds went towards financing of other small loans. He is however expressing gratitude to the many public servants who have made the Dominica Housing Loans Board their choice for home financing. Mr Thomas says this offer to public officers came at a juncture where it was very difficult for them to meet the high interest rate on loans from other financial institutions at that time. He has also condemned what he deems as malicious acts of vandalism and theft of important equipment by some persons, at the offices of Vanoulst House, which houses the Dominica loans board, thereby making it very difficult for operations to continue on the normal scale. Chairman of the Dominica Housing Loans Board Felix Thomas
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