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News
‘There’s never a perfect time to prepare for home ownership’ | News
1+ hour, 21+ min ago (305+ words) As housing affordability continues to be a concern for many Jamaicans amid shifting market conditions and ongoing economic uncertainty, Karon Lewis, acting business relationship and sales manager at JN Bank, has urged prospective homeowners not to wait for the “perfect…...
Christopher Burgess | Bureaucracy in housing
1+ mon, 4+ week ago (69+ words) Successive governments have paid lip service to meeting Jamaica’s housing needs. The Planning Institute of Jamaica statistics show that only in the 1970s and 1990s did Jamaica come close to meeting the demand.Bureaucracy, weak enforcement, and low housing output are keeping…...
Banks to pocket billions from NHT mortgage outsourcing
3+ mon, 3+ week ago (1270+ words) The National Housing Trust (NHT) has funnelled $1.1 billion to private banks to subsidise its External Financing Mortgage Programme (EFMP), a move that effectively outsources its mortgage book to protect a multibillion-dollar housing construction budget. The contributor-funded state-run entity is projected…...
JHTA chapter aids St Ann’s Widow’s Mite
3+ mon, 4+ week ago (384+ words) The Jamaica Hotel and Tourist Association (JHTA) Ocho Rios Runaway Bay Chapter continued its decades-long support of the Mustard Seeds Widow’s Mite facility in St Ann with a donation of $150,000 on Friday. The donation followed the handover of a cheque…...