Director of the Rent Assessment Unit, Shenese Headlam, is encouraging landlords to register with the Rent Assessment Unit, in light of the impending amendments under the Rent Restriction Act. “The Act is currently being amended and some fines that are in the 1983 Act will be increased, so we are encouraging persons who have not registered their properties to do...

Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Senator the Hon. Pearnel Charles Jr, says that eight housing developers are completing projects in the Corporate Area through loans totalling approximately $1.5 billion from the Jamaica Mortgage Bank (JMB). These developments are Kensington Gates ($642-million loan); Mayfair Manor ($401.48 million); Sherlock Manor ($132.6 million); Portview Manor ($89.53...

Director of the Rent Assessment Board, Shenese Headlam, is encouraging landlords and tenants to exercise diligence when negotiating rental arrangements. “Tenants and landlords should… ensure that a written agreement is [drafted] because sometimes things that were not initially agreed on are brought into play. Both persons should understand what the contract is saying and a formal agreement made before the...

National Housing Trust (NHT) Chairman, Lennox Channer, says the agency’s 2019/20 programmed expenditure of $40 billion, represents the largest ever in the entity’s 43-year history. He informed that the sum is earmarked to initiate over 8,000 housing starts islandwide, adding to the 6,000 from 2018/19. He was speaking at Friday’s (August 30) ground-breaking ceremony for the NHT’s $1.46 billion Twickenham...

Prime Minister, the Most Hon. Andrew Holness, says clarification on the status of the Bernard Lodge housing project in St. Catherine, in light of concerns raised, will be provided soon. Mr. Holness said the project, which aims to provide 1,600 housing solutions, has been halted to address stakeholder concerns regarding, among other things, issues with the perceived displacement of agricultural...

Prime Minister, the Most Hon. Andrew Holness, on Friday (August 30), broke ground for the $1.46-billion Twickenham Glades housing development in St. Catherine. The 16-month project, the latest National Housing Trust (NHT) development, will comprise 110 single-storey two-bedroom duplex units built on five hectares (12.21 acres) of land, which is located along the westbound side of Mandela Highway in Twickenham...

In light of the Government’s thrust to supply the demand for affordable housing, the Housing Agency of Jamaica (HAJ) is encouraging persons to plan effectively to purchase a home. “We want to encourage persons in the interim to get their pre-qualification letters and secure their deposits,” Senior Public Relations and Marketing Manager at the HAJ, Richard Jones, told JIS News...