NHT Advanced in Construction of Nearly 30,000 Housing Units
By: August 5, 2024 ,The Full Story
The National Housing Trust (NHT) is at an advanced stage in delivering its share of the 70,000 solutions targeted for development under the Government’s housing policy
Prime Minister, the Most Hon. Andrew Holness, who made the announcement, said of the 43,000 units programmed to be built by the NHT, work is at various stages of execution on nearly 30,000.
“The NHT has 5,081 solutions that are at various stages of completion. They have 10,680 units in contracts, meaning that they have gone through procurement [and] they have engaged with the contractors to start construction. And they have 16,867 solutions in the procurement process, meaning that they are now engaging with various contractors through procurement to determine who will actually do the construction. So the NHT is quite advanced in their work,” Mr. Holness informed.
The Prime Minister, who said these houses will come to market over the next few years, added that “this is probably the first time that we have had such a structured programme of building houses and making them available right across Jamaica”.
He was speaking on Friday (August 2) in Clarendon North Central, where he delivered three units under the New Social Housing Programme (NSHP).
Meanwhile, Mr. Holness said the Government expects that “by the end of this year, we would have surpassed the 300-unit mark”, pointing out that “at present, close to 1,000 Jamaicans would have benefited from the New Social Housing Programme”.
The NSHP is the flagship programme of the Government’s social safety net strategy as it relates to housing.
To date, 248 units have been handed over, while another 53 under construction are at various stages of completion.