Public Rental Board - Suva, Fiji

Public Rental Board was separated from the Housing Authority in 1989 due to World Bank recommendations. The Bank’s analysis revealed that there was a need for a body corporate to monitor the rental flats for the underprivileged tenants.

The Public Rental Board (PRB) was established on 16th May 1989 under the Housing (Amendment) Decree No 12 of 1989 which included 24 rental estates comprising 1,753 rental flats. The Housing (Amendment) decree is part of the Housing Act of 1955. The Board was established to provide affordable rental flats to low income earners on a transitional basis without incurring a loss. From its inception the Board has continually struggled to operate profitably on an annual basis after a negative asset of $11,322,000 was transferred into PRB books.

Under  

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section 34 of the of the Housing (Amendment) Decree No 12 of 1989 the Board is primarily to operate on a non- commercial basis by inviting Government to make good the shortfall (where the assessed rental applicable to a tenancy represents a disproportionate percentage of earnings) by way of subsidy.