NHT Reminds Contributors to Apply for Special Moratorium by Sept. 30

National Housing Trust (NHT) contributors and mortgagors affected by Hurricane Beryl are being reminded to apply for the organisation’s post-hurricane peril moratorium by September 30.

Assistant General Manager of Corporate Communications and Public Affairs, Dwayne Berbick, told JIS News that the newly introduced initiative is designed to offer financial relief to those who experience property damage or economic hardship as a result of natural disasters.

Under this arrangement, eligible individuals can temporarily suspend their monthly mortgage payments, which is crucial support during the recovery process.

The duration of the moratorium is tailored to individual circumstances, with a maximum period of up to six months.

“We understand that life happens, and circumstances of individuals may change from time to time. The NHT has made special resources available for individuals who are making applications for any of our [relief] initiatives. We are looking out for them, and we will expedite the applications to ensure that the process goes as quickly and smoothly as possible,” Mr. Berbick said.

The NHT’s special mortgage moratorium is accessible to all affected parties, including those who have previously benefited from other NHT Loan facilities.

Mr. Berbick underscored that this inclusive approach will ensure that everyone who needs assistance can receive it.

Applicants are required to complete an application form and submit a valid government-issued identification and Tax Registration Number, along with additional documents where applicable.

These include photographs of property damage, proof of reduced income, or proof of unemployment.

Mr. Berbick is urging all eligible individuals to act promptly to secure the support they need.

The post-hurricane peril moratorium forms part of the NHT’s wider strategy to provide relief and support to contributors and mortgagors during challenging times.

Other initiatives include the Special Home Improvement Loan and Disaster Grant.

For more information on how to apply for this or other relief options, persons can visit the nearest NHT office or the entity’s website at www.nht.gov.jm.