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...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...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...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...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...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...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, March 23, 2009
A number of individuals who have benefited from the Inner-City Housing Project (ICHP) are reportedly complaining Jamaica’s on-going financial / economic crisis is making it difficult for them to meet their monthly mortgage obligations at the National Housing Trust (NHT). Data from the NHT shows the following: As at December 2008, the ICHP compliance rate [...]
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Wednesday, September 16, 2009
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