June 16, 2021

Cayman Islands: Grand Opening of Affordable Housing Initiative Phase 2 in Bodden Town

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WHO:                         The National Housing Development Trust (NHDT) in conjunction with the Ministry of Housing.

 

WHAT:                       Official opening of the first homes constructed in phase two of the NHDT’s Affordable Housing Initiative.

 

WHEN:                      Saturday, 8 December 2018, 3 p.m.

 

WHERE:                    Affordable Housing site in Bodden Town (See attached directions.)

 

PARTICIPANTS:     Health Minister, Hon. Dwayne Seymour, NHDT Chair George Powell, NHDT General Manager Julio Ramos, others

 

Background:           The ground-breaking for this project was held in February. Ten of the 16 new homes occupied. The Trust continues to invite applicants to express interest as this would assist in determining the continued demand for housing under the Affordable Housing Inititiative Program. The newly constructed houses are being sold for $110,000 for a two bedroom and $125,000 for a three bedroom. Eligible applicants must be first-time home-owners who earn below a specified income level.(GIS)

END

IMAGE: National Real Estate Investor

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