downsizing of the country’s dying sugar
sector.
That vote by disgraced lawmaker
Charran Dass Persaud, not only toppled
the government, effectively rendering it
as a caretaker administration to organize
fresh elections, but it had also paralyzed
parliament as the PPP had barred
its 32 MPs from attending any sittings
designed to extend the life of the government.
Granger, 74, had said that he had
delayed dissolving parliament to keep
legislators active and available in the
event of a natural or man-made emergency
but with March 2 set as the date,
he was forced to abide by the constitution
and bring this session to an official
end.
The result is that the coalition will be
launching its campaign at the weekend
with a massive concert involving many
local and regional artists.
For its part, the PPP which ran the
country from 1992 to 2015 amid widespread
and credible allegations of corruption,
is also planning to have its
official launch sometime in early January
as the two Guyanese political behemoths
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Caribbean L 12 ife, January 3, 2020
prepare to face off in early March,
with billions of dollars of oil revenues
beckoning just down the financial road.
Most analysts do not predict a seat
for any of the remaining 18 fringe parties
planning to contest the polls but
Change Guyana, led by prominent business
and hotelier Robert Badal appears
to be well resourced and is attracting
some interest among disaffected middle
class voters. Still it could struggle to
make the estimated 5000 votes needed
to win a single seat.
As the two prepare for their major
launch rallies, the country is also eagerly
awaiting events scheduled for Jan. 10,
nomination day when contesting parties
will be asked to submit their list of candidates
heading to parliament.
Continued from Page 1
and withdraw from the Mitchell-
Lama program upon prepayment
of the mortgage after 20 years
from initial occupancy, or after 35
years from initial occupancy, in
the case of developments aided by
loans issued before May 1, 1959,”
she added, stating that this process
is often referred to as dissolution
or “buying out” of the
program.
Persaud said “buy-outs can have
a tremendous negative impact
on tenants and the community
because the units usually return
to the market at much higher
prices.
“Therefore, examining such data
could help the state improve the
Michell-Lama Housing program,”
she said. “Finding an affordable
place to live in New York is difficult
as is. “And, every year, it
seems like more Mitchell-Lama
housing units are being bought
out and listed at market-rate prices.
“This new legislation will help
the state keep track of these buyouts,
in hopes that the data can be
used to improve the Mitchell-Lama
program and help preserve the
affordable housing stock across
the city,” she added.
Persaud thanked Assembly
Member Michael Blake for sponsoring
the bill in the Assembly and
applauded Gov. Andrew Cuomo for
signing it into law.
Continued from Page 1
Guyana’s President David A. Granger.
Associated Press / Kevin Hagen, File
Guyana
elections
Law to improve Mitchell-Lama
housing program in New York
Sen. Roxanne J. Persaud.
Affordable, first-class
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