Incentivizing private sector housing development to expand homeownership.
The Housing Construction Incentive Programme (HCIP) is a new initiative by the Ministry of Housing and Urban Development, executed by the Housing Development Corporation (HDC). This program aims to stimulate private sector investment in housing construction, encouraging developers, contractors, and firms to build affordable housing units to meet the growing demand for homeownership in Trinidad and Tobago.
Benefits of the HCIP
Encourages Private Sector Investment
Creates new housing opportunities through private developers.
Supports Affordable Housing
Helps address the national housing demand.
Open to Local & Foreign Investors
Registered local and international firms can participate.
Government-Endorsed Initiative
Managed by the HDC under the Ministry of Housing and Urban Development
Developers, contractors, or firms that can finance, build, and sell housing units under the HCIP guidelines are eligible to participate.
Individuals or firms with proven financial and construction capabilities
Foreign participants registered locally or in partnership with a local firm
Simple Steps to apply for the Housing Construction Incentive Programme (HCIP)
Step 1: Purchase the HCIP Registration Package
Cost: TTD $1,000 (VAT Inclusive)
Location: HDC Head Office, 44-46 South Quay, Port of Spain
Payment Methods: Cash, Linx, or Manager’s Cheque
Step 2: Collect the Package
Available Monday–Friday (excluding weekends & public holidays)
Time: 8:15 AM – 3:45 PM
Step 3: Submit Your Application
Place all documents in a 10” x 15” brown envelope
Drop-Off Location: HDC Head Office, 2nd Floor Submission Box
Submission Period Begins: March 20, 2018
HDC Construction Programme
Incentives for private developers to build affordable homes across Trinidad and Tobago.
HDC Tax Exemptions
Tax relief for developers and traders to encourage private housing development.
Home Construction Subsidy
Up to TT$50,000 to help families construct new homes using approved plans.
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