St. Kitts – Nevis Private Housing Sector Is Healthy

St. Kitts' Private Homes

A St. Kitts Private Home Example
Photo By Erasmus Williams

Basseterre, St. Kitts – Nevis
September 04, 2008 (CUOPM)

Recent private sector housing initiatives are evidence of the high level of confidence it continues to demonstrate as a result of the healthy investment climate that exists in the twin-island Federation.

“The private housing initiatives that are mushrooming all over St. Kitts and Nevis will continue to empower our people in terms of home ownership,” said Prime Minister Hon. Dr. Denzil L. Douglas at his recent monthly Press Conference.

“A home is the most valuable asset that most people – anywhere in the world – will ever own,” he said.

Since taking office in 1995, the governing St. Kitts-Nevis Labour Government under the leadership of Prime Minister Douglas has provided some 2,500 low-income, affordable, and middle-income homes, via several housing programmes of the National Housing Corporation (NHC). Recently launched in Half Way Tree was an EC$50 million programme for the construction of 500 homes.

The governing St. Kitts-Nevis Labour Government welcomes the growing increase in home ownership middle and upper income nationals of the twin-island Federation.

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