Deputy Premier and Minister of Housing and Municipalities Zane DeSilva officiated at a groundbreaking ceremony on October 12 marking the formal start of construction on the Albert Row Affordable Housing Development.

The project represents the latest step in the Government's stated commitment to expanding the supply of affordable homes across the island, an issue that has remained a pressing concern for many Bermudian families facing high rents and limited housing stock. The ceremony brought together government representatives and stakeholders to signal the transition from planning to active construction at the site.

The development follows earlier announcements regarding financing for affordable housing initiatives, including a $64 million loan secured to support the Government's broader housing programme. Officials have indicated that such funding arrangements are intended to accelerate the delivery of new residential units for qualifying Bermudians.

Further details on the scope of the Albert Row project, including the number of units and an expected completion timeline, are anticipated as construction progresses. The Ministry of Housing and Municipalities has said it will continue to provide updates on the development and related housing initiatives in the coming months.