The NHT introduced the ‘Guaranteed Purchase Programme’ in November 2018. Under this programme, developers conceptualize and execute their development plans, while the NHT absorbs the market risk by purchasing units in the development. This approach seeks to leverage the efficiencies within the private sector in order that units can be delivered at lower costs, within faster timeframes and with the private partner assuming most of the implementation risks.
The developers have sole responsibility for designing, implementing, maintaining and closing out the projects. The completed units will be made available to NHT contributors using NHT financing options for which they have to be qualified.
Do you want to know more about the GPP Programme?
Call 1-888-CALL-NHT (225-5648) to find out more!