Marondera Municipality has moved to reduce its housing backlog after releasing 10 023 square metres of land to FBC bank worth ZWL$1 380 167.10 for the construction of high rising flats which are going to benefit close to 500 families within the next two years.
This was confirmed by Marondera Mayor, Cllr Chengetai Murowa in an interview with this reporter recently.
“It is true that we have entered into such a partnership with FBC that is going to see over 500 families benefiting under the scheme”.
He said the current housing backlog of about 17 000 will be reduced drastically if all the housing projects they have been lined up are fully implemented.
Cllr Murowa added that apart from this housing project, they are also set to release close to 14 000 other residential stands in Timberlands and 40 other medium density stands opposite Marondera show grounds in the first quarter of this year.
This matter of disposing land to FBC bank was first brought up in a recent full council meeting by the Director of Housing and Community Services, Mr. Justine Chivavaye who told the house that the Finance Committee had agreed to sell 10 023 square metres of land to the bank for the construction of flats.
However, Cllr Mubaiwa Dzvuke who chairs the Finance Committee disagreed with the Director of Housing arguing that as a committee they had just made a proposal to sell the land to the bank, but had not recommended the issue to full council for resolution.
“After debating over the issue, the house then unanimously agreed that a decision be made that council disposes land to FBC measuring 10 023 square metres at the prevailing interbank rate for the construction of flats at a total cost of ZWL$1 380 167.10,” said the full council minutes.