Tag: affordable homes
Bodden Town low-cost home project finished
(CNS): Sixteen new affordable homes have been officially opened in Bodden Town, the fastest growing district in the Cayman Islands. Government officials marked the launch ceremony of phase 2 of the Affordable Housing Initiative, which is run by the National Housing Development Trust. Ten of the homes have already been purchased, while the other six, which cost […]
Housing trust begins project for 16 BT homes
(CNS): The National Housing Development Trust (NHDT) is beginning a project in Bodden Town to build 16 affordable homes on a 10-acre site off Lake Destiny Drive, close to 20 existing affordable homes that were constructed in 2012. The homes will be made available for sale at between $110,000 and $125,000 for eligible Caymanians. Applicants must be […]
Bodden Town Affordable Homes
MM writes: More than two hundred applications were received by the National Housing & Development Trust when the Bodden Town Affordable Housing scheme began accepting applications for the anticipated completion of the two- and three-bedroom homes. That is, more than two hundred Caymanian families with the dream of homeownership that they could afford.
Housing trust lacks policy direction
(CNS): The General Manager of the National Housing Development Trust, Julio Ramos, has revealed that there are no real plans or directions in place to deal with the numerous problems now facing the affordable housing initiative. From 23 families in West Bay living in condemned properties with nowhere else to go to new homes that […]