Central Housing and Planning Authority

94 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 12 CENTRAL HOUS ING AND PLANNING AUTHOR I TY land and housing as a complete package to satisfy the overwhelming demand for sustainably, durable, aesthetic, and affordable housing developments in Antigua and Barbuda.” “CHAPA has shifted its strategy and put the necessary framework in place to increase its capacity by strategically partnering with private sector stakeholders. Rather than financing, implementing, and monitoring developments on its own, CHAPA will partner with various financial institutions, real estate service providers, construction firms, and foreign and domestic contractors to bolster the production and quality of housing at various locations across Antigua.” The management team These efforts are helping CHAPA meet the mounting challenges of providing affordable housing amid a challenging global economy. One of the challenges it hopes to overcome is the inflated cost of construction materials affecting not just CHAPA but the whole construction industry. CHAPA will need to make critical adjustments to its development plans, including increasing housing prices for homeowners to offset these costs. Other challenges facing the authority are a lack of training and expertise in staff complement and infrequent upgrading,