Prime Minister to Make Announcement on NHT Board Following Cabinet Meeting on Monday
By: , November 21, 2014The Key Point:
The Facts
- Prime Minister Simpson Miller acknowledges that the current public debate surrounding a recent property acquisition by the NHT Board has resulted in the resignation of some Board members.
- This has implications for the continuation of the work of the Board in giving oversight to the NHT in the performance of its functions.
The Full Story
Following the weekly meeting of the Cabinet on Monday, November 24, Prime Minister, the Most Hon. Portia Simpson Miller will make an announcement related to the composition and future of the Board of Directors of the National Housing Trust (NHT).
Prime Minister Simpson Miller acknowledges that the current public debate surrounding a recent property acquisition by the NHT Board has resulted in the resignation of some Board members with implication for the continuation of the work of the Board in giving oversight to the NHT in the performance of its functions.
The Prime Minister notes that the Government will continue to ensure that the NHT fulfills its mandate of increasing and improving the existing supply of housing, promoting housing projects, creating affordable housing solutions for low income contributors, providing housing related benefits for contributors, facilitating social services and physical infrastructure for communities developed under NHT projects, as well as, prudently administering and investing the monies of the Trust.