News Archive

"Alone we can do so little; together we can so much."- A truism most profoundly evidenced at the groundbreaking ceremony, held on May 20th, for Unions Acres; the NHT’s newest development in Irwin, St. James. The development which is expected to provide 144 two-bedroom units to civil servants is the successful outcome of a series of negotiations between the Jamaica Civil Service Housing Company Limited (JCSHCL), Jamaica Confederation of Trade Unions (JCTU) and the Government of Jamaica (GOJ).

Highlighting the NHT's importance to the government's thrust for housing, Prime Minister, the Most Hon. Andrew Holness,…

The National Housing Trust, NHT would like to place on record its response to a Gleaner article on Sunday May 29, 2022; ‘NHT Bungle’. The article claims among other things, that there are ‘structural issues’ identified at the NHT’s Ruthven Towers development which is currently in the final stages of construction.

The NHT wishes to make it categorically clear that there are no ‘structural issues’ at Ruthven Towers. In fact, since construction, no structural issues have been identified at any stage of the project.

The NHT notes further that at no point during the article is anything mentioned that supports the claim that the…

The National Housing Trust, (NHT), wishes to advise its customers that as of January 2021, applications for contributions refund will ONLY be accessible online.

As we continue to prioritise the safety of our staff and customers, we will no longer be accepting applications in-person, at any of our locations.

Customers may apply for their refunds via our website www.nht.gov.jm, and also via our mobile app, ‘NHT Online’, which is available in both the Google Play Store and the App Store.

We use this opportunity to remind customers making…

“Stop buying avocado toast if you want to buy a home”

The most controversial statement of 2017? Maybe not. Controversial enough to infuriate millennials globally...definitely. Australian developer and 35 year-old multimillionaire Tim Gurner sent tongues wagging when he quipped that millennial homeownership goals were being thwarted due to their penchant for store bought ‘pear and bread’. Persons were not having it, why?

It discredits the effort of so many millennials making sacrifices to break into the housing market while still trying to balance everyday expenses and debt repayment.

The…

Said no child ever, but as we millennials approach the twilight zone, reality is quickly setting in. Whether we like it or not, an upgrade to Adulting 2.0 is inevitable. For some it’s marriage, for others its finally choosing the right pet, but for most it means the pursuit of homeownership.

It’s a journey often described as complex, so we sought the help of Financial Blogger Gillian Jackson, to lay this crooked path to your own set of keys straight. A Senior Business Advisor with the Jamaica National Group, @MsGillyJ as you perhaps may know her by her Twitter handle, has been serving course after course of financial and…

On Wednesday, July 1, though socially distant, a sense of accomplishment connected some 50 National Housing Trust, NHT contributors who received the keys to their new homes. These 50 new homeowners who represented a total of 200 beneficiaries, shared in a handing over ceremony at the newly developed SilverSun Estate community of St. Catherine.

In delivering his keynote address, Prime Minister, The Most Hon. Andrew Holness noted that his administration was committed to creating more opportunities for Jamaicans to experience the pride of homeownership in communities that were safe, secure and comfortable.

While…

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…