{"id":261063,"date":"2025-12-11T13:09:17","date_gmt":"2025-12-11T17:09:17","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=261063"},"modified":"2025-12-11T13:09:18","modified_gmt":"2025-12-11T17:09:18","slug":"government-approves-41m-in-cabi-home-concession-applications-for-2025-programme-now-tops-900m-since-launch","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/government-approves-41m-in-cabi-home-concession-applications-for-2025-programme-now-tops-900m-since-launch\/","title":{"rendered":"Government Approves $41M in CABI Home-Concession Applications for 2025; Programme Now Tops $900M Since Launch"},"content":{"rendered":"
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Government Approves $41M in CABI Home-Concession Applications for 2025; Programme Now Tops $900M Since Launch<\/strong><\/p>

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Tourism and Investment Minister Charles \u201cMax\u201d Fernandez says the Construct Antigua and Barbuda Initiative (CABI) continues to be one of the country\u2019s most significant home-ownership programmes, reporting that more than EC $41 million in applications were approved in 2025 for first-time homeowners. He added that since the programme\u2019s launch in 2011, CABI has delivered over EC $900 million in housing concessions, helping more Antiguans and Barbudans take the first step toward owning a home.<\/p>\n\n\n\n

Presenting during the Budget Debate, Fernandez said the EC $41 million in approvals for 2025 supported 120 new homes\u2014all granted concessions under CABI. \u201cThis equates\u2026 to 120 homes that the government has approved for concessions to build,\u201d he told MPs, noting that those figures do not include units being built under Central Housing or subsidised housing schemes.<\/p>

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Fernandez said the programme, which began in 2011, has grown well beyond its original scale, surpassing 1,500 approved homes to date. \u201cWe met the program. But we make it better,\u201d he said, crediting ongoing reforms for strengthening the initiative\u2019s reach and effectiveness.<\/p>

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He stressed that CABI\u2019s long-term value lies not just in the volume of homes built or concessions granted, but in the opportunity it provides to first-time homeowners, many of whom would otherwise struggle to enter the housing market. \u201cThese are persons that are the first Antiguans and Barbudans, first-time homeowners\u2026 getting an opportunity to build their own property,\u201d he said.<\/p>\n\n\n\n

Fernandez also emphasized that homes built under the programme must meet higher resilience standards, reflecting the government\u2019s push for stronger, climate-ready construction. \u201cThis is properties that are built with sustainability and resilience in mind\u2026 building stronger, building with more resilience,\u201d he said, pointing to recent regional disasters as reminders of the need for durable infrastructure.<\/p>

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He ended the section by underscoring the programme\u2019s broader social impact. \u201cIt\u2019s not just about building houses, it\u2019s about building a future for them,\u201d Fernandez said.<\/p>\n

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Government Approves $41M in CABI Home-Concession Applications for 2025; Programme Now Tops $900M Since Launch Tourism and Investment Minister Charles \u201cMax\u201d Fernandez says the Construct Antigua and Barbuda Initiative (CABI) continues to be one of the country\u2019s most significant home-ownership programmes, reporting that more than EC $41 million in applications were approved in 2025 for […]<\/p>\n","protected":false},"author":3,"featured_media":261064,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-261063","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nGovernment Approves $41M in CABI Home-Concession Applications for 2025; Programme Now Tops $900M Since Launch - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/government-approves-41m-in-cabi-home-concession-applications-for-2025-programme-now-tops-900m-since-launch\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government Approves $41M in CABI Home-Concession Applications for 2025; 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