Supported by the Government’s commitment to making tangible strides towards meeting the housing needs of Bermudians, the Bermuda Housing Corporation’s Home Start programme has proved to be a beacon of hope and progress in housing our people. This initiative, in partnership with Clarien Bank, offers 100 per cent mortgages to first-time homeowners. As a result, 34 Bermudian families have become proud homeowners already, with four more families in the final stages of securing their homes.

This programme is a direct result of Bermudians telling us on the doorstep and in our community that our people desperately need more access to affordable housing and more pathways towards homeownership. We listened, took action, and step by step, we are making steady progress towards answering the housing needs of our people.

As a government, we believe homeownership is a cornerstone of financial stability and personal security for many Bermudians. By providing 100 per cent mortgages, the Government is removing one of the most significant barriers to homeownership — the need for a substantial down payment. This move broadens access to housing and ensures that more Bermudians can lay claim to their own “piece of the rock”.

Moreover, the Home Start programme complements other initiatives such as the Mortgage Guarantee Programme offered by Bermuda Commercial Bank, which provides the lowest mortgage rates on the island. Such comprehensive support underscores a strategic approach to making homeownership a reality for more Bermudians.

While we are proud of the progress made thus far, we have not lost sight that there are still too many of our people struggling to find affordable housing or dealing with overcrowded or inadequate living situations. More must and will be done in the months ahead as more housing units will be constructed; more programmes to assist Bermudians in obtaining housing will be unveiled; and our laws governing tenant and landlord rights will be modernised and made more equitable.

I appreciate the Bermuda Housing Corporation board, chaired by MP Chris Famous, along with its management and staff, for its diligent work in fulfilling the BHC’s mandate of providing affordable housing. Its efforts are a vital component of this success story, and its dedication is contributing significantly to the betterment of Bermudian society. We must also thank Clarien Bank for supporting this initiative and helping to tackle a serious community challenge.

The Home Start programme is more than just another policy initiative; it is a life-changing opportunity for Bermudian families.

• Jaché Adams is a government backbencher and the Member of Parliament for Pembroke West (Constituency 19)