More Jamaicans realised their dream of owning their own home as the Government continued to fulfil its mandate of providing affordable housing solutions for citizens.
More opportunities were created for the young, elderly, poor and indigent person to become homeowners, with the National Housing Trust (NHT) completing 1,045 housing solutions at a cost of $7.6 billion and the Housing Agency of Jamaica (HAJ) delivering 292 solutions comprising serviced lots and houses.
NHT Developments
• 113 housing solutions were completed at Forthill Estate, 90 at Windcrest Hills, and 110 at Twickenham Glades in St. Catherine; 12 at Yeast Plant in Westmoreland; 28 in Denham Town, Kingston; 41 in Savannah Park, Westmoreland; 115 at Perth 1A, Manchester; 63 at Industry Manor, Hanover; 81 in Monymusk Glades, Clarendon; 14 at Brompton Manor, St. Elizabeth; and 28 in Cashew Grove, St. James.
Increased Assistance to Purchase NHT Units
• Existing mortgagors benefited from a 0.5 per cent reduction and new mortgagors benefited from a one per cent reduction.
• Contributors up to age 70 are able to access housing benefits as voluntary contributors.
Special Relief for NHT Mortgagors
• Moratorium on payments for mortgagors impacted by COVID-19. All late fees were suspended for accounts with arrears less than 90 days.
• Special relief for mortgagors with loan accounts in arrears (90 days or more).
• Special waivers on unpaid late fee penalties.
Housing Agency of Jamaica
• Ground broken for $9.5 billion Catherine Estates housing development in Dunbeholden, St. Catherine, which will provide 1,650 affordable solutions at a cost of $9.5 billion.
• Over 195 solutions, comprising 123 serviced lots and 72 housing units, were handed over to new owners.
• 455 titles were prepared for the January to November period, of which 82 were issued and 375 are awaiting collection.
• The HAJ partnered with Food For the Poor to provide housing for two
single-family households in Portmore, St. Catherine.
Social Housing Programme
• A new $22.6 million multi-family house, was handed over to three sisters in
Annotto Bay, St. Mary.
• A one-bedroom unit was handed over to an 88 year-old physically
challenged man in Bogue District, St. Elizabeth.
• Two units were presented to recipients in Old Harbour Bay, St. Catherine, one of whom is visually impaired, who received a two-bedroom house. The other beneficiary was presented with a three-bedroom house.
