Groundbreaking ceremony for affordable homes North Side
Minister for Housing, Jay Ebanks, was in North Side on Friday morning to participate in a groundbreaking ceremony in connection with the new affordable housing scheme in North Side.
As previously reported by Loop Cayman, the scheme is promoted by the National Housing Development Trust (NHDT), an entity owned by the Cayman Islands Government and whose mandate is to assist low-income families to realize their dreams of home ownership.
The North Side scheme will be located near Craddock Ebanks Civic Centre and will feature forty something homes.
For more information on the scheme or affordable housing in general, telephone the NHDT at 945-7649 or email the NHDT’s General Manager, Julio Ramos at Julio.Ramos@gov.ky
⦁ Construction of low-income affordable homes to be sold to the Caymanian public at an affordable price under the Affordable Housing Initiative (AHI) Program and the Build on Your Own Property (BYOP) Program.
⦁ Provide Administration to low-income Caymanians that qualify under the criteria set by the Board of Directors for purchasing an affordable home constructed under the supervision of NHDT.
⦁ Perform the duties of an administrator and loan processing agent on behalf of the Cayman Islands Government for the Government Guaranteed Home Assisted Mortgage Program.
⦁ Housing Repairs Assistance Program that was recently approved (Aug 2022) to assist Caymanians with remedial repairs to their property, particularly when they were previously affected by severe weather and need that urgent assistance.