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Topic: affordable housing

Housing shortage poses ‘serious threat’ to society, report warns

Cayman must triple its rate of housing construction over the next decade just to 'tread water' with population growth, a landmark report has warned. The...
Building costs Cayman

Rising building costs increase Cayman’s affordable housing challenge

Rising building costs are making it harder for Cayman to build its way out of a significant affordable housing shortage.
living conditions

CIREBA partners government for first-time Caymanian homebuyer scheme

The premier met with the Cayman Islands Real Estate Brokers Association to discuss a $5,000 grant for Caymanians buying their first home on the islands.

Government reveals 2,200 Caymanians on housing waiting list

Parliament was told that as of 30 Sept. there were 1,152 active applications on the affordable housing waiting list of the National Housing Development Trust, representing 2,200 Caymanians.
living conditions

Statistics office shows increasing pressure on household expenses

Some Cayman Islands residents are increasingly feeling the strain of rising costs and limited housing options, as new data reveals a drop in satisfaction with material living conditions.

How government can reduce housing costs

In the run-up to the election we have heard a lot about young Caymanians being locked out of the housing market. This is usually...
This image shows the two parcels of land, highlighted in light blue, on which A. L. Thompson plans to develop affordable housing in Savannah. - Photo: UK Hydrographic Office 2021 aerial image

Planning board approves former chairman’s $7.5M subdivision

The Central Planning Authority has approved an application by its former chairman AL Thompson to build a $7.5 million 311-lot subdivision in phases among the mangrove forest beside a planned extension and connector road of the East-West Arterial.

Opinion: In the midst of a ‘housing crisis’ why are the poor subsidising the...

It is time for Cayman, its elected representatives and its people, to think of some fresh ideas to address the jurisdiction's housing crisis.

West Bay 40-apartment complex gets green light

A developer have been given the go-ahead to construct five two-storey apartment buildings near Capts Joe and Osbert Road in West Bay.

Developers pursue West Bay affordable housing

A 40-unit apartment complex has been proposed for the West Bay area, and the planner said such projects are vital for affordable housing.

Infrastructure work on East End affordable housing lots begins

Roadway and stormwater-management infrastructure work is set to begin at a proposed affordable housing project on the site of the old Sunrise Cottage Retirement Home on Austin Conolly Drive in East End.

Sister Islands affordable homes project reboots after four year hiatus

Nine parcels of land in the Sister Islands have been earmarked for affordable homes as a government-funded housing programme kicks back into action.
living conditions

West Bay affordable homes to be completed in time for Christmas

Nineteen affordable homes at Light House Gardens in West Bay will be completed and handed over to the new owners before Christmas, the government has said.

Consultant sought to ‘solve housing challenges’

The government is seeking a consultant to help create and update a national public and affordable housing policy and 10-year strategic plan.

Beloved East End resident has street named in her honour

A street in a colourful affordable housing estate in East End has been named after one of the community’s most beloved former residents.

Homes converted from shipping containers to go before planning board

The future of a miniature trailer park in central George Town, comprising four shipping containers converted into small homes, will be debated by the Central Planning Authority next week.

Planning approves housing lots on ‘Hell East’ landscape

The desperate need for affordable homes in the Cayman Islands led to environmental concerns being dismissed during a recent meeting of the Central Planning Authority.
Minister of Planning, Agriculture, Housing, Transport and Infrastructure

Ebanks: Affordable housing efforts continuing

Housing Minister Jay Ebanks gave his parliamentary colleagues an update on the availability of affordable housing in Cayman on Monday.

Generational divide in home ownership

Almost half of Cayman Islands residents currently own their own home, a dynamic which poses challenges for policymakers seeking to address access to affordable housing.

$1 million EU grant to bolster government’s sustainable energy plan

The Cayman Islands government has received a $1 million grant to help make government buildings and affordable housing more energy efficient.

400 applicants seek affordable housing

Affordable housing in the Cayman Islands continues to be a challenge, one that National Housing Development Trust general manager Julio Ramos knows all too well. The NHDT boss struggles daily to find ways to meet the demand for affordable housing that his agency was created to address.

Officials break ground on 7 affordable homes in East End

The third phase of an affordable housing project in East End began last week when officials broke ground at a site where seven new homes will be built.

Legislators approve $1.6 million for housing repairs

The government has approved more than $1.6 million in additional funding for its Housing Repairs Assistance Programme.

EDITORIAL – A safe, decent affordable place to call home

A good rule of thumb, used in many countries around the world, is that housing and related expenses should not exceed 30% of a household’s take-home income.

Work under way on ‘affordable residential development’

With the average property in Cayman selling for nearly $500,000, high-end transactions have dominated the real estate market in recent years.

Officials break ground on East End affordable homes

The National Housing Development Trust held a groundbreaking ceremony on Thursday for the construction of six new affordable homes in East End.

Phase 2 of affordable housing scheme in Bodden Town opens

Housing Minister Dwayne Seymour joined the staff and board of the National Housing Development Trust at the opening ceremony for the homes. The houses are the first to be built by the Trust as part of Phase 2 of the Affordable Housing Initiative.

New Bodden Town affordable housing breaks ground

The fastest growing district in Cayman is about to get a housing boost from government.

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