GEORGETOWN, Guyana — Guyana’s government has received 268 expressions of interest from contractors for a programme to build 40,000 homes over five years, Housing Minister Collin Croal said in late December 2025.
The target works out at about 8,000 homes a year, with construction due to begin in 2026, News Room Guyana reported on 27 December. The deadline for contractors to register interest was 24 October. Planned homes range from about 650 sq ft for low-income households to at least 2,200 sq ft for a “young professional” category.
The minister said about 53,000 house lots had been allocated over the previous five years but only about 4,000 houses built on them. Kaieteur News reported a backlog of about 78,000 applications for house lots, around 52,000 of them in Region Four. A new programme of direct financial help for families to complete or upgrade their homes is to start with Budget 2026; an existing steel-and-cement assistance scheme has already paid out more than G$750 million. The Guyana Chronicle reported that 54 per cent of house lots allocated in the past five years went to people under 35 and 43 per cent to women.
What it means
Analysis: Delivering 8,000 state-backed homes a year would be a major increase in supply and could cool prices at the entry level. The gap between lots allocated and houses built shows that the bottleneck has been construction finance, which the new completion programme is meant to address. Contractors and building-material suppliers stand to benefit most.
Editor’s note: This article was added to the Jamaica Homes News archive on 30 September 2026. It reports events from December 2025 and is dated to when they were reported.
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