Episode Details
Back to Episodes
San Salvador Families Get Keys to Homes | Bahamas News
Description
Eleven families in San Salvador just unlocked the door to rent-to-own homes, a long-awaited milestone for a project stalled by hurricanes and political shifts since 2007. After years of delays and setbacks—including pauses from Hurricanes Irene and Joaquin—the Cockburn Town Subdivision was revived in 2024 with new government backing. Local contractors, some dating back to the project’s start, are now finishing the work as Housing Minister Keith Bell admits past missteps cost public funds and left people waiting. This innovative housing model targets self-employed residents and others who meet financial responsibility but fall short of traditional mortgage criteria. With hundreds more homes planned across the Family Islands and Grand Bahama, the administration is determined to make homeownership accessible—no island left behind.
Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/ff1bb01bbcf39d4c