Bermuda gov’t pushes 10-year plan to tackle growing housing waitlist

The Bermuda government says it is working “hard” to deliver the housing solutions the island needs, as the Bermuda Housing Corporation (BHC) waitlist grew to more than 350 households over the last two months of 2025.

- Advertisement -

Deputy Premier and Minister of Housing and Municipalities Zane Desilva told reporters the BHC waitlist rose from 333 in November to 357 in December, with increases across all priority categories. Urgent cases still make up the largest share, but the fastest growth is among regular applicants, many of whom are working individuals and families struggling with rising market rents.

“Nearly 60 per cent of applicants are seeking studio or one-bedroom units, reflecting pressures on seniors, individuals living alone, and smaller households,” Desilva said. He noted that while BHC data captures only part of the housing picture, it highlights the areas of greatest need.

The government is pursuing a long-term Affordable Housing Strategy for 2025–2035 to address these pressures. The strategy aims to expand and diversify housing supply, rehabilitate underused properties, improve affordability and access, modernize regulations, and strengthen governance across the housing system.

Desilva said consultations with government ministries and technical departments are ongoing, with a public consultation draft expected in February. A technical advisory team, including representatives from the BHC and Bermuda Land Management Corporation (BLMC), is exploring alternative construction methods such as precast concrete, modular, and prefabricated systems to reduce costs and accelerate delivery.

Looking ahead to the 2026–27 financial year, over 30 sites owned by the BHC or BLMC have been identified for potential housing development. Ongoing projects are expected to deliver 37 new affordable units in the coming months, he said.

Broward-County-Fastrac-728x90

“Taken together, this strategy provides a clear roadmap for delivering affordable and attainable housing over the next ten years,” Desilva said, emphasizing a balanced approach combining new construction, rehabilitation, private-sector participation, and regulatory reform.

More Stories

Cuba unveils first banknotes featuring iconic women

Cuba is introducing two new high-denomination banknotes as part of efforts to ease cash transactions amid ongoing inflation and economic pressures. The Central Bank of...
Antigua PM

Antigua and Barbuda Parliament dissolved, general election set for April 22

Governor-General Sir Rodney Williams has issued a proclamation dissolving the Parliament of Antigua and Barbuda, officially placing the country on the path to a...
Central Bank of The Bahamas

Middle East conflict could significantly erode Bahamas economic outlook

The Central Bank of The Bahamas says that while the country’s economic outlook remains positive, it could be “significantly” eroded if the ongoing Middle...
Haiti’s Gang Suppression Force

UN confirms full support in place for 5,500-member anti-gang force in Haiti

The United Nations Support Office in Haiti (UNSOH) on Wednesday announced that it has met the required timeline to provide the Gang Suppression Force...
GraceKennedy Foundation CEO, Caroline Mahfood.

GraceKennedy Foundation featured on CBS series The Visioneers with Zay Harding

The GraceKennedy Foundation is celebrating international exposure after two appearances on the CBS television series The Visioneers with Zay Harding drew more than 2.6...
Bahamas PM

Bahamas PM announces May 12 general election, Parliament to be dissolved April 8

Prime Minister Philip Davis has announced that The Bahamas will hold its next general election on May 12, 2026, officially launching the next phase...
Terrance Drew St. Kitts and Nevis

St. Kitts and Nevis PM emphasizes cautious approach to cannabis reform

St. Kitts and Nevis Prime Minister Terrance Drew has reaffirmed the Government’s cautious and measured approach to cannabis reform, stressing that any integration of...
Cheddi Jagan International Airport Guyana

Guyana advancing biometric passenger system at CJIA to cut processing times

The Guyana Government is advancing plans to introduce an automated passenger identification system at Cheddi Jagan International Airport (CJIA) aimed at reducing processing times...
IMF says economic activity in Antigua and Barbuda on ‘solid recovery path’

Jamaica’s economy grew 5.1% in third quarter of 2025

Jamaica’s economy recorded growth of 5.1 per cent for the July to September quarter of 2025, according to Director General of the Statistical Institute...
St. Lucia Prime Minister

Saint Lucia records significant drop in unemployment under Pierre administration

Saint Lucia has recorded a significant decline in unemployment since 2021, according to the latest labour data, with officials crediting economic policies implemented under...

Latest Articles