Twenty-four new low cost homes will be on the market at the end of August, Government announced this afternoon.Giving an update this afternoon on the Grand Atlantic development, in Warwick, Minister of Environment, Planning and Infrastructure Strategy Walter Roban said the project, announced last year, was on schedule.He said: “Continuing the trend of providing housing units for Bermudians, at the end of August, 24 Grand Atlantic units will be available for sale by those wishing to purchase their own homes or downsize to an ocean view property.“This housing development on the beautiful site of the South Shore in Warwick, will comprise of 60 two bedroom /one bathroom homes and 18 three bedroom/two bathroom homes situated in pristine surroundings. Bermuda’s traditional building methods have been utilised for the construction of the first phase condos. The Bermuda Housing Corporation has already received over 70 expressions of interest from the general public keen to own a home in this development.“The Grand Atlantic Development is bordered by the Southlands Park which is soon to be Bermuda’s newest National Park with access to a beautiful south shore beach. Residents will eventually have full access to Beach and Park areas for their relaxation and enjoyment.”He said Government was partnering with the Ascendant Group so that the units in the later phases of the development will have a sustainable theme.“In the event of a power outage, these units will be self sufficient in terms of basic energy requirements. Fifty-four of the 78 units will have a renewable energy component built into the design. The incorporation of an alternative energy system is in line with the Government’s and Ascendant Group’s stance of recognising methods of embracing alternative energy for the country and thereby reducing the Island’s reliance on fossil fuels.“This initiative will offer new homeowners the most reliable, affordable and sustainable energy infrastructure available in Bermuda.”The new homes will be available for sale in phases with prices ranginge from $495,000 for a two bedroom home and graduate to $670,000 for a luxurious Ocean View three bedroom unit.The development will eventually include a hotel next to the low-cost housing.