In a significant move to address housing affordability, the government of Antigua and Barbuda has unveiled a new initiative to provide subsidized concrete blocks for low-income home builders. Prime Minister Gaston Browne announced the plan during a recent episode of the Browne and Browne Show on Pointe FM, emphasizing the government’s commitment to reducing construction costs and empowering citizens to achieve homeownership. The initiative is part of a broader strategy to stabilize the construction sector and promote national housing development. At the heart of this effort is the establishment of a state-owned concrete block manufacturing plant, set to open within the next two months. Developed in partnership with local businessman Jason Hadid, the plant will allow the government to produce its own building materials, ensuring cost control and quality assurance. Prime Minister Browne highlighted that the facility will sell blocks at cost or below, with additional subsidies for low-income builders. This approach aims to make homeownership more accessible while reducing government spending on infrastructure projects. Beyond housing, the plant will also supply materials for public projects, including road construction and community infrastructure, ensuring a steady supply of affordable, locally made building blocks. The initiative is expected to have a transformative impact on the construction industry, fostering economic growth and improving living standards across the nation.
New Government Block Plant to Provide Subsidised Building Materials for Low-Income Homeowners
