Prime Minister Hands Over Keys at Roseneath Park | PRESS RELEASE

Prime Minister, the Honourable Andrew Holness, led the handing over of thirty keys to newly constructed detached two-bedroom units at Roseneath Park, Old Harbour, St. Catherine on Wednesday October 12, 2022.

The units were developed through Roseneath Developers under the NHT's Guaranteed Purchase Programme.

Balanced and "fairly distributed" were how Prime Minister Holness described the selection of the cohort of beneficiaries for Roseneath Park during his keynote address.

In highlighting certain key data, he revealed that 33% of the selectees were young adults between the ages of 19-35, while 37% were between the ages of 46-55. He also indicated that 39% earned between the minimum wage and $15,001.00 per week.

The Prime Minister used the opportunity to emphasise the impartiality of the selection process.

"The system of selecting the beneficiaries is quite transparent with no interference…nobody exercises any influence on how beneficiaries are selected for the houses that come on the market.", said Mr. Holness.

He added that while global factors, such as price increases to key inputs like steel, continued to impact the housing industry, the NHT remained committed to providing affordable housing solutions for Jamaicans at every income band.

Roseneath Handing Over

Prime Minster Andrew Holness hands over keys to young homeonwer Daviena Boyd. According to Daviena, the NHT’s Parent Assist Facility was instrumental in allowing her to achieve her homeownership goals.

 

In commending the NHT for its role in housing Jamaicans, Dr. Horace Chang, Deputy Prime Minister and Minister of National Security used the opportunity to thank the organisation for facilitating the homeownership goals for Constable Owen Graham who was selected for a unit under the NHT's Special Home Grant Allotment Policy. Constable Owen Graham was injured and paralyzed from the waist down as a result of a motor vehicle accident while on active duty in 2019. The unit, which was handed over to Constable Graham, saw an additional $2.55 million in modifications and upgrades including reinforced concrete walls, grab bars in the bathroom, access ramps, customised shower design and kitchen cupboards.

Highlighting the partnership with Roseneath Developers Limited, NHT Board Chairman Lennox Channer, noted that increased partnership was critical to meeting the ever-growing demand for housing.

"The NHT continues to forge strategic partnerships and alliances to meet the growing housing demand. Through the general thrust of our affordable housing programme initiatives such as our new Developers Programme and the Guaranteed Purchase Programme, GPP, under which Roseneath was developed," said Mr. Channer.

Echoing these sentiments regarding partnership, Malcolm McDonald, Managing Director, Roseneath Developers Limited thanked the NHT for the opportunity and assured that the units were constructed in accordance to the highest building standards.

The ceremony culminated with new homeowner, Daviena Boyd lauding the NHT's programmes and facilities.

"Parent assist allows applicants to qualify for units using their parent's points. This enabled me, a young 33-year-old Jamaican woman to qualify for this unit without co-applying with someone else," said Daviena.

The thirty (30) housing units form part of the 140 detached two-bedroom units to be constructed through Roseneath Limited Developers under the Guaranteed Purchase Programme (GPP). Under the programme, developers conceptualize and execute their development plans, while the NHT absorbs the market risk by purchasing part or all of the development. This approach seeks to leverage the efficiencies within the private sector so that units can be delivered at lower costs, within faster timeframes and with the private partner assuming most of the implementation risks.

Upon completion, residents at Roseneath Park will enjoy commercial spaces, recreational areas, as well as a space earmarked for a church and school.