(441) 295-8623 info@bhc.bm

BHC Mission Statement:


“TO PROVIDE ACCESSIBILITY TO ADEQUATE AND AFFORDABLE HOUSING AND TO PROMOTE INDEPENDENT LIVING TO ENHANCE THE QUALITY OF LIFE IN BERMUDA.”


BHC Vision Statement:


“EVERY BERMUDIAN WILL RESIDE IN AN ADEQUATE AND SAFE ENVIRONMENT.”


BHC PATI Information

History of Bermuda Housing Corporation

2017
HUSTLE Truck 10 year mark
HUSTLE Truck 10 year mark

The H.U.S.T.L.E. Truck program celebrates its 10th year of being in operation to offer jobs to those in need.

HomeStart
HomeStart

The HomeStart Program, in collaboration with Clarien bank, offers first-time home owners the ability to mortgage their home at 100%.

2011
Harbour View Village (Southside)
Harbour View Village (Southside)

The affordable housing development consists of fifty-six 2, 3 and 4 bedroom units that were built for those families who qualified as winners in Bermuda’s first lottery draw for homes.  Lottery winner families were promised and had delivered homes for $199,000.00

2010
Perimeter Lane
Perimeter lane

The 3 year development of Perimeter Lane, located in Pembroke, was finished and made available in July 2010 with 38 units – 12 one-bedroom, 16 two-bedroom and ten three-bedroom units.

Rent Geared to Income (RGI)
Rent Geared to Income (RGI)

In 2010, BHC had successfully completed the Rent Geared to Income (RGI) initiative, in an effort to ease the financial burdens on Bermudian families, on behalf of the Bermuda Government. This gives real relief to clients by assisting them with requested payment of only 35% of their combined household income to be paid to the Corporation as rent. Part of this program includes a mandatory 10% savings portion of the monthly household income to guide clients into positive saving habits.

2008
Loughlands
Loughlands

Between 2008 – 2011 the Bermuda Housing Corporation facilitated, through four phases, 60 plus families becoming first time homeowners in a brand new condominium community in Paget.  New owners proclaimed “I now have hope again” following the successful sale of the 96 unit development.

2007
HUSTLE Truck
HUSTLE Truck

The Hustle Truck programme, acronym for “Helping the Unemployed Sustain Themselves with Limited Employment” (H.U.S.T.L.E.) was birthed Thursday, April 5th, 2007 by contracting 8 young men and women of Middletown to paint over graffiti on walls of BHC’s property in Middletown.

2000
100 Homes Project
100 Homes Project

BHC had started the 100 Homes Project to alleviate the urgency of those in need, where the private sector were not focused on the lower end of the market. In early 2000, affordable housing was listed as the number 1 item of concerns at that time as many citizens were resorting to sleeping in caves, cars and abandoned buildings.

1990
Housing Information System
Housing Information System

In 1990, BHC had started working on the Housing Information System to survey current market rents and monitor trends on a regular basis. At the time, there were over 30 rental applications per month and 10 applications per month from those wishing to purchase a home.

1984
10 Year Mark
10 Year Mark

So far, the BHC had approved mortgage funds for a total of 163 projects – 40 of which were completed, 66 were underway, and 57 not yet started. Above is the aerial photo of Devon Springs development.