Sunday, June 14, 2009

Affordable Housing?!

So, Paul and I met with Mr. Wheatley the owner of the Caribbean Affordable Housing Company. Our loan representative recommended the company. Our loan representative said they start at about $125/sq ft (this is really low in the St. Thomas). Mr. Wheatley gave us a rough estimate of what it would cost to build the downstairs and the cistern. I think its going to be more than $125/sq ft. But, we can reduce the cost by buying some of our own supplies and supplying some of our own labor.

The Caribbean Affordable Housing Company uses poured concrete instead of concrete blocks. So, if we do use them we will have to get our floor plans adjusted. However, pouring concrete makes building less labor intensive and faster.

We are waiting to hear back from the other contractor we spoke to before. His son grew up with Paul. We are hoping to get a good price from him. Hopefully, we will get a call from him today. If we don't hear back from him soon, we may have to move on.

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