News Archive

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…