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Tag Archive | "NHT"

NHT Options For Low Income Contributors

Tuesday, December 28, 2010

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Many National Housing Trust (NHT) contributors who cannot afford to buy a house or a residential lot are now in a better position to do so. Effective July 1, 2010 the NHT introduced a number of new policies to help lower income contributors realize their home ownership dreams. The polices were: the special subsidy programme, […]

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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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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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Can’t Find The House You Want? Why Not Start With A Partly Finished One?

Monday, November 16, 2009

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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 […]

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Several National Housing Trust (NHT) Projects Paused

Friday, October 16, 2009

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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 […]

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