Thirty-four serviced lots are to be developed in Hatfield, Westmoreland, this year under the Squatter Upgrading Programme. The $15 million project is part of infrastructural work being undertaken by the Government to develop and regularise existing informal settlements. Minister with responsibility for Housing, Hon. Dr. Morais Guy, in his Sectoral Debate presentation in the House of Representatives on April 28,...

The Jamaica Mortgage Bank (JMB) is currently in discussions with other lending institutions for loans of $2 billion to finance its investment programme, as currently it has over $4 billion in applications in the pipeline, including proposals to build low and middle income houses. “In an effort to increase the housing stock, the Jamaica Mortgage Bank projects commitment of approximately...

The National Housing Trust (NHT) presented letters of possession for serviced lots to 50 persons during a Handing Over Ceremony at Creighton Hall, St. Thomas on Friday, March 6. The 50 beneficiaries are the first batch of 140 persons who have been selected for the 60-acre development. Delivering the keynote address at the Handing Over Ceremony, Prime Minister Portia Simpson...

Minister without Portfolio in the Ministry of Transport, Works and Housing, Hon. Dr. Morais Guy, is imploring stakeholders in the housing sector and financial institutions, in particular, to take advantage of the recent amendments to the Mortgage Insurance Act. He pointed out that large deposits required by developers and the additional closing costs incidental to the purchase of a home,...

Employees in the tourism industry are to benefit from the construction of some 100 two bedroom units in Belle Air III, St. Ann, under the Jamaica Economical Housing Project, this year. To this end, Government has allocated just over $1 billion in the 2015/16 Estimates of Expenditure, which will go before the Standing Finance Committee of Parliament tomorrow (March 3)....

The national training and certification agency, the HEART Trust/NTA, has partnered with three key entities to boost the skills and productive capacity of thousands of Jamaicans. The agency, on Wednesday (February 25), signed Memoranda of Understanding (MoUs) with GSW Animation Limited, Jamaica Promotions Corporation (JAMPRO) and the Transport Authority. The signing of the agreements, at the HEART Trust/NTA’s Oxford Road...

The Government will spend more than $308 million for the construction of new integrated accommodation, office and storage facilities at Lathbury Barracks, Up Park Camp. Details of the project are outlined in the 2015/16 Estimates of Expenditure, now before the House of Representatives. Anticipated targets for the 2015/16 fiscal year include: the complete construction of the first three-storey building; continued...