The National Housing Trust (NHT) will introduce its announced revised loan limits earlier than expected. Starting June 16, 2025, contributors will be able to access the increased loan limits announced by Prime Minister Dr. the Most. Hon. Andrew Holness, during the 2025/2026 budget debate. The Prime Minister at the time indicated that the new benefits will take effect July 1, 2025 however the NHT will be implementing two weeks ahead of the scheduled date.
Meanwhile, other policy changes such as the expanded Home Grant, reductions in service charges and lower deposit requirements, will take effect July 1, as previously…