By the end of July 12 affordable
homes will be constructed in East End.
On Monday, Government officials
along with National Housing Development Trust broke ground on the site where
the new homes will be located.
Over nine acres of land off John
McLean Drive, behind the East End Primary School, has been designated for the
new homes, which can accommodate up to 55 houses.
Heavy machinery workers are
installing water lines, drainage, sidewalks and building the road to the site.
When completed affordable homes
will be available in one bedroom, one bath, 540 square feet; two bedrooms two
baths, 805 square feet; and three bedrooms two baths at 978 square feet.
According to National Housing
Development Trust chairman Steve McLaughlin, six people have already signed up
East End MLA Arden McLean said he
is glad that the project is continuing, which was important for the people of East End and the people of the country on a whole. “I
look forward to the homes being built here where there is plenty land to
continue for more in the future,” he said.
To qualify for the homes one has to
be a first-time owner, not earn more than $30,000 per year for a single
applicant, or $45,000 for joint applicants. Buyers must become the owners or
occupiers of the homes being purchased; be employed for at least six months or
self employed for two years or more; live on Grand Cayman; be Caymanian or
holder of Caymanian Status; and be within the age bracket required for repaying
the mortgage loan.
Application packages can be
collected from the National Housing Development Trust offices on Airport road
across from the Post Office.
National Housing Development is
also assisting people who have their own land providing there are no liens
against the property.