NHT to commence 10,675 new housing solutions in 2026/2027
KINGSTON, Jamaica — The National Housing Trust (NHT) will begin construction of 10,675 new housing solutions in the 2026/2027 financial year.
A total of 5,673 solutions, comprising a mix of residential lots and houses, will be delivered to market during the period.
The information is contained in the Jamaica Public Bodies Estimates of Revenue and Expenditure for the Year Ending March 2027, which was tabled in the House of Representatives on February 12.
The document noted that the solutions to be delivered will be constructed under various NHT programmes.
These include NHT projects — 2,851 solutions; Joint Venture Programme — 1,624 solutions; Guaranteed Purchase Programme — 345; Community Renewal — 260 solutions; and 550 solutions through individual loans.
Planned capital expenditure includes $50.3 billion for the commencement and completion of these housing solutions.
The NHT will also facilitate the processing of 5,424 mortgage loans and continue to improve existing schemes at a cost of $189.95 million, with works slated for Hellshire Phase 2, St Catherine; Industry Pen, St Mary; Longville Phase 3 in Clarendon; and Ruthven communal facilities in Kingston.
“In addition, other community-related projects, including upgrades to police stations, health centres, and community infrastructure are planned, at a cost of $1.77 billion,” the document said.
Also, for the 2026/27 fiscal year, the NHT will strengthen its operating efficiency and service delivery through improved cost management across the core agency operations and the optimal use of technology, while continuing to collaborate with stakeholders to streamline housing development approval processes and reduce regulatory delays.
— JIS