The Bermuda House of Assembly’s Upper House confirmed its support for the government’s plan to hand over parcels of land to a housing consortium on Monday. The decision follows a series of consultations with local residents, urban planners and housing advocates, and is part of the broader strategy to increase supply of affordable homes in the archipelago.

The land earmarked for the handover includes a former municipal site in St. George’s and a vacant block in St. David’s. Once transferred, the consortium will develop mixed‑use projects featuring a mix of rental units and homes for sale. The Upper House panel highlighted the need for more housing options, noting that the island’s high cost of living has made home ownership a challenge for many Bermudians.

In its statement, the Upper House underscored that the handover process will be guided by strict environmental and heritage safeguards. The government pledged to monitor construction activities closely to ensure compliance with Bermuda’s planning code and to preserve the island’s historic character.

The move is expected to create jobs during the construction phase and, once completed, provide much-needed housing for a growing population. While the Upper House’s approval is a significant step forward, the final approval will still require assent from the House of Representatives and the Governor before the land can be formally transferred.

"We are hopeful that this initiative will bring tangible benefits to the community," said a senior Upper House member. "It is a positive step toward addressing the island’s housing needs while respecting our cultural heritage."