April 3, 2025

affordable homes

Construction Update: Roadways and Storm Water Management (SWM) at East End Affordable Land Lots
2 min read

Construction Update: Roadways and Storm Water Management (SWM) at East End Affordable Land Lots

blackboxinsightsnews November 22, 2024 309
Ministry of District Administration and Lands Press Release The Ministry of District Administration and Lands (MDAL), with design and project management services from the Public Works Department (PWD), advises of ongoing construction activities for the “Construction of Roadways and...
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Deputy Premier Says Cabinet Approved An Extra, Unbudgeted, $1 Million For Housing Repairs
13 min read

Deputy Premier Says Cabinet Approved An Extra, Unbudgeted, $1 Million For Housing Repairs

blackboxinsightsnews October 10, 2024 295
By Alric Lindsay In a session of Parliament today, October 10, 2024, Deputy Premier André Ebanks announced that the $375,000 allocated for housing repair projects in the 2024 budget has now been exhausted.  He explained that, with “well over...
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Concerns For Affordable Housing On A Small Island With A Rapidly Growing Population, Limited Space And Environmental Conservation Goals
7 min read

Concerns For Affordable Housing On A Small Island With A Rapidly Growing Population, Limited Space And Environmental Conservation Goals

blackboxinsightsnews August 25, 2024 501
By Alric Lindsay The 2023 Annual Economic Report, published on the Economics & Statistics Office website, indicated that the Cayman Islands population increased from 71,105 in 2021 to 84,738 in 2023. The significant growth of nearly 20,000 people in...
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Maintaining Higher Interest Rates For Longer & Not Addressing Other High Costs Of Living Hurts Lower Income Households
9 min read

Maintaining Higher Interest Rates For Longer & Not Addressing Other High Costs Of Living Hurts Lower Income Households

blackboxinsightsnews August 6, 2024 293
By Alric Lindsay On July 31, 2024, the chairperson of the United States Federal Reserve, Jerome Powell, announced that interest rates would remain the same, meaning they would stay “higher for longer.” This announcement surprised market stakeholders, as positive...
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Bryan Suggests That Pushback By Environmental Groups On The East-West Arterial Road “Is Short-Term Thinking.” He Says More Roads Means More Access To Land, Increasing The Land Supply & Affordability
10 min read

Bryan Suggests That Pushback By Environmental Groups On The East-West Arterial Road “Is Short-Term Thinking.” He Says More Roads Means More Access To Land, Increasing The Land Supply & Affordability

blackboxinsightsnews July 26, 2024 419
By Alric Lindsay In a July 25 sitting of the Parliament, Minister of Tourism Kenneth Bryan doubled down on his support for constructing the East-West Arterial Road, suggesting that it will increase the supply of land available to Caymanians...
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