WILLEMSTAD – Fundashon E Hende has asked the Curaçao Parliament to launch a public investigation into the financial management of Fundashon Kas Popular (FKP), questioning how millions of guilders in government support have been used while thousands of residents remain on the waiting list for social housing.
The foundation submitted its request to Parliament on July 20, asking for a parliamentary review of FKP’s finances and operations. It is also requesting that the General Audit Chamber conduct a legality investigation into the financial management of the housing foundation.
According to Fundashon E Hende, FKP received NAf. 21.5 million from the government following the collapse of Girobank. The amount reportedly includes NAf. 19 million requested as compensation for losses suffered by FKP and an additional NAf. 2.5 million intended for maintenance of government-owned homes.
The foundation argues that Parliament must examine whether these funds were used appropriately and whether proper oversight was applied.
In addition to the one-time financial support, Fundashon E Hende points to FKP’s recurring government subsidies, which it estimates at approximately NAf. 12 million annually.
According to the foundation, around NAf. 5 million comes from the Ministry of Traffic, Transport and Spatial Planning (VVRP) for housing maintenance, while another NAf. 7 million comes from the Ministry of Social Development, Labor and Welfare (SOAW) for rental subsidies.
Fundashon E Hende questions how these funds have been spent, arguing that many social housing units remain in poor condition despite years of government financial support.
The foundation also criticizes FKP’s maintenance approach, including the so-called ABC di Mantenshon program, through which parts of maintenance costs are reportedly shifted to tenants.
Fundashon E Hende says Parliament should urgently summon FKP, the responsible ministers and other involved government agencies to provide explanations about the financial situation and management of Curaçao’s social housing sector.
The foundation links the issue directly to the island’s housing shortage, pointing out that more than 8,000 people are currently waiting for a social home.