Tag Archive | "National Housing Trust"
Can’t Find The House You Want? Why Not Start With A Partly Finished One?
In the current economic climate; you may be wondering if you really should buy your house this year. The fact is, many unique opportunities could be opening up for homeownership, and this might just be your break to become a homeowner. Here’s a scenario for you: ‘Omar’ got the opportunity to own his very first [...]
Continue reading...Several National Housing Trust (NHT) Projects Paused
Friday, October 16, 2009
Jamaica’s National Housing Trust (NHT) has said that it has paused five housing development projects valued at J$1.3 billion. Why? Difficult topography and infrastructure constraints made the developments too costly. The projects are at Eltham Farm in St. Catherine, Rosemount 5 in St. James, Ridge Estate in St. Ann, Granville in Trelawny, and Cousins Cove [...]
Continue reading...National Housing Trust To Build 12000 Houses
Wednesday, September 16, 2009
THE National Housing Trust (NHT) will reportedly start construction on 12,000 houses over the next 18 months in six parishes. The total cost will be in the region of J$29 billion. “We think that this is perhaps not the most fantastic initiative undertaken by the Trust but it certainly is an ambitious programme. The challenge [...]
Continue reading...The NHT Announces Initiatives To Make It Easier To Own A Home
Thursday, September 10, 2009
At a press conference yesterday at the National Housing Trust (NHT) head office in New Kingston, NHT Chairman Howard Mitchell announced five new initiatives that are aimed at making it easier for Jamaicans to own a home. The initiatives are: Short-term lease arrangement – NHT contributors who are hard-pressed for cash, may enter into a [...]
Continue reading...Mortgagors: What Happens To Your Contributions Refund?
Wednesday, August 12, 2009
“How am I going to manage my payments this month? School fees are due and I still have to pay for Papa’s surgery,” Sasha spoke aloud. “I know. I won’t pay my NHT mortgage this month. My refunds can take care of that and give me some room to breathe.” Not quite so! Perhaps you [...]
Continue reading...National Housing Trust (NHT) To Offer 40 Year Mortgages
Friday, July 24, 2009
The National Housing Trust (NHT) will reportedly lengthen the repayment period for its mortgages from 30 years to 40 years, as well as allow borrowers to carry their debt up to the age of 70. This policy shift is reportedly being rolled out now, and will increase the number of people eligible for its loans [...]
Continue reading...National Housing Trust Home Loan Forum Tomorrow
Wednesday, June 24, 2009
The National Housing Trust (NHT) hosts a Home Loans Forum tomorrow, June 25, at Emancipation Park in New Kingston. It starts at 3 p.m. For more information, please email wecare@nht.gov.jm
Continue reading...Consider Extending The Family House
Thursday, May 28, 2009
With wages generally flat or in decline (especially relative to inflation), and the cost to rent a one-room apartment being as high as $50,000 depending on its location, buying your first home may not seem so promising just now. Instead of blowing your money on an overpriced apartment, you could beat the housing blues by [...]
Continue reading...National Housing Trust Question & Answer
Wednesday, May 13, 2009
Here are five commonly asked questions about the National Housing Trust (NHT) and their answers (courtesy of the NHT). 1. When I become a mortgagor, do I still have to pay my NHT contributions? Why? Yes you do. All employed citizens between the ages of 18 and 65 years are bound by the NHT Act [...]
Continue reading...Morris Meadows Housing Scheme – St. Catherine
Monday, May 11, 2009
Do you live or work in St. Catherine? Would you like to own your first home in a quiet, close-knit community located near to modern conveniences? NHT contributors who live and work in St. Catherine can collect information about applying for one of the 46 two-bedroom detached units being offered in the Morris Meadows Housing [...]
Continue reading...
Monday, November 16, 2009
1 Comment