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Tag Archive | "National Housing Trust"

Use Your NHT Contributions Refund To Finance A Deposit

Thursday, December 23, 2010

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Effective January 1, 2011, National Housing Trust (NHT) contributors may apply for a loan against NHT contributions that are being held on their behalf, in order to finance the deposit on a residential property which will be funded by way of an NHT mortgage. Annual contributions refunds will be applied for the repayment of this […]

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New NHT Policies Mean Bigger Loans, Lower Rates, More Options

Friday, December 17, 2010

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Three of the new polices recently announced by the National Housing Trust (NHT) are now in effect. These policies are: (1) the reduction in interest rates, (2) increase in loan limits, and (3) the removal of the 5% deposit on Scheme loans. Their effective date was May 1, 2010. Another policy which the NHT had […]

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How Young People Can Own Their Own Home Through The NHT

Friday, November 12, 2010

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The National Housing Trust (NHT) recently implemented certain changes that now make it easier for young professionals to own their own home. Here are the changes: Typically, the length of time that you’ve contributed to the NHT is one of the key factors used to determine whether or not an individual will qualify for a […]

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NHT Now Offering Bigger Loans, Lower Rates, More Options

Thursday, July 29, 2010

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Three of the new policies that were recently announced by the National Housing Trust (NHT), are now in effect. These policies are the reduction in interest rates, increase in loan limits and the removal of the 5% deposit on Scheme Loans. The effective date was May 1, 2010. Another policy which the NHT had announced […]

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NHT Home Grants For Low-Income Contributors

Wednesday, July 14, 2010

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As per recent advertisements in the local media: The National Housing Trust (NHT) invites applications for Home Grants for low-income contributors. The Home Grant is a non-repayable sum of up to $1.2 million (*conditions apply) that Contributors can use to “top up” their regular NHT loan, in order to buy or build a house. The […]

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Ground Broken For Longville Park Phase III – Clarendon

Monday, July 12, 2010

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On Thursday, June 17, the National Housing Trust (NHT) broke ground for the development of 834 housing solutions at Longville Park, Phase III, in Clarendon. When the project is complete, NHT contributors who are living and working in Clarendon, will have the opportunity to buy 180 one-bedroom units, 320 two-bedroom units, 100 studio units and […]

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New Benefits For National Housing Trust Mortgagors

Wednesday, April 21, 2010

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Speaking yesterday, during his contribution to the 2010/2011 Budget debate at Gordon House in Kingston, Prime Minister Bruce Golding announced a number of new and improved benefits for National Housing Trust (NHT) mortgagors. The new benefits, he said, come against the background of the prevailing harsh economic climate facing Jamaica, and become effective on May […]

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NHT Contributions Refunds 2010

Thursday, March 4, 2010

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At the start of the year, the National Housing Trust (NHT) introduced a new way of refunding contributions. Customers were asked to apply via the internet rather than make their applications on paper. The new arrangement meant that the NHT would no longer be making payments from its offices. When customers applied, therefore, they could […]

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How NHT Housing Scheme Selections Are Made

Monday, January 11, 2010

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Recently, the National Housing Trust (NHT) invited contributors to apply for 33 apartments and townhouses at Unions Estate at Twickenham Park, St. Catherine. ‘Paulette’ and her husband ‘Simon’ were among those short-listed for loan interviews. However, their friend ‘Maxine’, who had also applied for an apartment, was not so fortunate. “I’m glad for them,” Maxine […]

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357 House Development Coming To Twickenham Park

Monday, December 21, 2009

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Plans are reportedly in gear for Ashtrom Building Systems Ltd. to develop a 357 house National Housing Trust (NHT) residential development at Twickenham Park in St. Catherine. Ashtrom won the $2.1-billion contract recently, and it has already received Cabinet approval. The development will comprise 165 two-bedroom town houses and 192 two- and three-bedroom apartments, as […]

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