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DRA to construct 100-unit, $20 mil. housing development on Abaco John Michael Clarke.
Through technical assistance from the Bahamas Development Bank (BDB), the Disaster Reconstruction Authority (DRA) is planning to construct a 100-unit housing development to meet the rental needs on Abaco within the next fiscal year.
DRA Chairman John-Michael Clarke said the authority is seeking to build the rental housing development through a public-private partnership at an estimated cost of around $15 to $20 million.
Clarke said the determination was made to develop the rental complex after realizing the high number of residents who were renting, particularly those who worked for the government on the island, when the deadly Category 5 Hurricane Dorian left many of them homeless.
Minister of State for Finance and for Grand Bahama Kwasi Thompson (second right) speaks during a press conference at the Office of the Prime Minister Grand Bahama on Saturday, January 23, 2021, as, from left, West Grand Bahama and Bimini MP Pakesia Parker-Edgecombe; Minister of State for Disaster Preparedness, Management and Reconstruction Iram Lewis; and East Grand Bahama MP Peter Turnquest look on. (BIS PHOTO/ANDREW MILLER)
FREEPORT, BAHAMAS The government is “pleased” with the pace of recovery efforts on Grand Bahama, Minister of State for Finance and for Grand Bahama Kwasi Thompson said over the weekend, as he noted government projects and assistance programs are “helping to speed up recovery” on the island.
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