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Pioneer Construction Company’s Affordable Housing Proposal

Jun 1, 2023 | 0 comments

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Jun 1, 2023 | Essays | 0 comments

Introduction

The Department of Housing in the Eastern Province is seeking proposals from businesses to offer services in the management of houses, slum upgrading, and construction of new housing units in the province. Pioneer Construction Company seeks to provide services to the government by building new housing units in the province for better housing for the residents. The housing problem in the province has seen the emergence of slums, mismanagement of houses, and poor housing structures in the province. Furthermore, the housing problem in the province has also seen an increase in the rate of crime as criminals transform the slums to be their dens.

 

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Our successful comparative venture bid to do the management of 300 units of low-income multifamily homeownership housing, under the ownership of the government. This sets off the management program that is expanded to attract the working families and individuals back to an economic area that is revitalizing. Furthermore, this will continue to rebuild and stabilize the Eastern Province’s economic base (Al-Ankary and Bushra, 2009).

Moreover, the Pioneer Construction Company meets all of the requirements prescribed by the Department of Housing in the Eastern Province, to qualify to sign any government contract to manage some properties of the governments (Dasgupta et al, 2006). The company will create a section for housing management structured to create and develop private/public partnerships tailored to satisfy the criteria of the government.

Furthermore, the company will be able to make contacts with the government to manage a section of 2500 government-owned, scattered, inadequately maintained, and substandard housing units within the Eastern Province area we deliver our services. The new section for housing management within the company will also enable the Company, effectively and independently, to manage the buildings, that are currently in the Company’s ownership and management.

The plan

Project activities

Establishing a new section for housing management will allow Pioneer Construction Company to expand and improve the Company’s fast-paced housing agenda for two years efficiently, responsibly, and effectively. The new section for housing will formulate a reliable mechanism, quickly respond, to changing external and internal circumstances of the market, and manage the Company’s action plans of the management through the joint ventures (Common Wealth, 2004).

The Company will use the government’s funds to form a section for housing management that will forge public and private company partnerships to manage the 300 controlled or government-owned low-income homeownership units of housing in the Eastern Province. The government’s funds will improve greatly the delivery of services, by the competent management to more than 5000 Eastern Province residents in about 150 site buildings that are scattered an estimate of a small town (McLeod et al, 2009).

Budget

INCOME EXPENDITURE
SOURCES AMOUNT ($) USES AMOUNT ($)
Revenue General operating support
Government grants and contracts 300,000 Salaries and the fringe  benefits 700,000
Banks and foundations 100,000 Insurance and taxes 600,000
Earned income 2,000,000 consultants 200,000
Fundraising _____ In-kind expenses 100,000
Donations 400,000 Supplies and Equipment 500,000
In-kind support 200,000 Savings 90,000
TOTAL 3,000,000 TOTAL 3,000,000

Programs and accomplishments

Every year, Pioneer Construction Company does help the residents reclaim their neighborhoods back from decay, crime, and drugs. Building by building, the Company has developed an averagely 70 affordable units of housing for the past three decades (Oxley, 2004).

The current portfolio of housing management represents the whole ladder of housing, ranging from housing the households that were formerly homeless to ownerships of homes for the low income working families. The Company’s tremendous growth of ten years attests to proficiency.

In 2009 alone, Pioneer Construction Company completed 30 buildings with 320 apartments and even started another 160 units in 15 buildings. This is about $50 million for one year in constriction.

The Company built housing for the physically handicapped and the elderly on the former garbage and heroin dens. Today, there are parks with flowering plants and trees, sitting areas, and about 120 beautiful housing apartments housing the senior people in dignity and peace.

Plan for measuring the expected results

The Company will measure the housing management project by many housing programs and initiatives for housing management which the Company has developed and implemented for the past three decades, and which have already significantly impacted, the quality housing practice in the Eastern Province, and which rest as a model to the government.

The Company will also submit a report of the project upon completion, funded in part by the government, under the Department of Housing. The Company will also keep complete, accurate, and detailed records of expenditures made under the company’s management, and actively participate in the evaluation of the activities of the projects during the course of the year.

Upon request, the Company will also provide an audited financial statement of the expenditure and income related to the income and expenditure by a qualified public accountant who is self-sufficient as documentation that the money from the government is spent on the provided purposes. Furthermore, evaluation of the Pioneer Construction Company’s overall effectiveness is measured by the satisfaction of the residents, and the level of tenant services that are provided and successful. The tenants serve as shareholders in the company and are closely involved in the management, programs, and oversight (Common Wealth, 2004).

Conclusion

The Eastern Province which Pioneer Construction Company serves is a collection of numerous sub-communities, including a variety of new and old mixed-use residential buildings, small and retail manufacturing firms, and many elevators–type public housing that is conventional. Approximately half of the Eastern Province’s land and housing are government-owned. Furthermore, the area is a blend of ethnic groups, most of whom have a median household of $15,000 and poor (Al-Ankary et al, 2009).

The need for affordable housing is a matter of urgency than what the data census reveals. This underreporting can be attributed largely to illegal aliens, many public housing residents, and language barriers, which makes official reporting of census very difficult.

Pioneer Construction Company is a recognized champion in affordable housing management and development in the EasternProvince government, with a $2 million budget for operations and a management portfolio of 150 buildings of 2500 units. According to Dasgupta et al (2006), the government also commits to privatizing the building’s management. The low-income housing future in the Eastern Province will be effectively answered through private-public partnerships, with backing and support of the community, and the producing capability and managing the Eastern Province housing of the low-income residents.

A contract from the government will provide Pioneer Construction Company the opportunity to form the private-public partnership with the government, effectively, to manage 300 low-income Province’s owned homeownership housing units in the Eastern Province. Furthermore, it will continue to improve, preserve, and dignify the Eastern Province’s fabric.

References

Al-Ankara, K. M., & Bushra, -S. (2009). Urban and rural profiles in Saudi Arabia. Berlin: G. Borntraeger.

Common Wealth (Political Party). (2004). Housing & planning. London: C.W. Pub., Ltd.

Dasgupta, B., Lall, S. V., & World Bank. (2006). Assessing the benefits of slum upgrading programs in second-best settings. Washington, D.C: World Bank, Development Research Group, Infrastructure, and Environment Team.

McLeod, R., Case, L., & United Nations Human Settlements Programme. (2009). Guarantees for slum upgrading: Lessons on how to use guarantees to address risk and access commercial loans for slum upgrading. Nairobi: UN-HABITAT.

Oxley, M. (2004). Economics, service delivery and policy making. The experience, capabilities and thinking of makers of policy, and those individuals who have liability for planning and housing. Houndmills, Basingstoke, Hampshire: Palgrave Macmillan.

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