Minister Browne unveils EC$130,000 starter home called Argenta

The Antiguan government has introduced a new affordable housing solution targeting working families caught in a financial eligibility gap. Housing Minister Maria Bird-Browne unveiled ‘The Argenta’ during the 2026 Budget Debate—a two-bedroom, two-bathroom home priced at EC$131,000 (approximately US$48,500).

Minister Bird-Browne identified a critical market failure affecting citizens who earn too much to qualify for government-assisted HAPPI programs yet insufficiently to afford existing market-rate housing. ‘Many residents simply don’t earn enough for the models we have on the market,’ she stated, highlighting that these individuals remain trapped in rental cycles despite stable employment.

The Argenta represents the first of two new models launched by the Central Housing and Planning Authority (CHAPA) to address this specific income bracket. Designed with climate resilience as a priority, the structure incorporates heavy steel stirrups tied throughout the framework to withstand extreme weather events. Minister Bird-Browne described the design as both ‘very beautiful modern’ and functionally durable.

This initiative responds to persistent public demand for housing ownership rather than perpetual renting. ‘People want to own something so that, whatever they pay monthly, it becomes their asset in the long run,’ the Minister explained. The program immediately opens applications to Antiguans and Barbudans seeking stability through homeownership beneath conventional lending thresholds.