The Public Rental Board (PRB) has announced the enforcement of a maximum limit of two tenancy terms, which translates to roughly six years of residence in PRB flats. This initiative is spearheaded by the Minister for Housing, Maciu Nalumisa, who emphasizes the importance of transitioning tenants towards home ownership.
According to Minister Nalumisa, each tenancy term lasts for three years, and tenants will be motivated to explore opportunities for owning their homes once they complete the two allowed terms. “We encourage them to pursue home ownership through the Housing Authority or TLTB to secure land. The PRB flat is meant to be a temporary solution,” he stated.
PRB estates are intended to serve as transitional housing, providing tenants the necessary time to establish their employment and plan their future. Nalumisa noted, “There should be ample time for everyone to start looking for housing opportunities.” He advocated for tenants to actively seek alternatives while residing in PRB housing, reinforcing the vision of promoting home ownership.
Timoci Naleba, the General Manager of PRB, acknowledged that the tenancy limits had been inconsistently enforced in the past but assured that the board is now committed to upholding these regulations. He highlighted the importance of tenants preparing financially to purchase their own properties during their time in PRB flats.
Assessment will be conducted after the initial three-year term to evaluate the tenants’ financial readiness to move out. “If you have sufficient savings to transition into home ownership, then you will be required to move out. However, if you need more time, you may be granted an additional term based on the savings you have accumulated,” Naleba explained.
This new measure aims to ensure equitable access to rental units while fostering long-term housing stability through home ownership, ultimately leading to a more sustainable future for tenants. It represents a step towards encouraging community growth and financial independence.
Leave a comment