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Rent-to-Own

Department of Housing’s Rent-to-Own initiative to expand path to homeownership

NASSAU, The Bahamas — The Hon. JoBeth Coleby-Davis, Minister of Transport and Housing, announced ‘A Place To Call Home’ rent-to-own initiative as part of the government’s promise of new opportunities during her communication to the House of Assembly, October 5, 2022. “In our party’s Blueprint for Change, we committed to the implementation of a Rent-To-Own initiative to expand the path to homeownership for Bahamians,” said Minister Coleby-Davis. The Department of Housing is currently reviewing over 1,200 active applications for housing. Each customer service representative at the department is currently managing over 350 applications. These applications are from all segments of society and include teachers, nurses, police officers, hospitality workers and bankers to name a few. Over t...