National Housing Trust

The Long Walk: Jamaica in 2014 The discipline of 2013 had to be sustained, repeated and deepened in 2014 —…

Every working Jamaican who contributes to the National Housing Trust does so in the expectation that their mandatory payroll deductions will one day be channelled into affordable housing. A performance audit conducted by the Auditor General and publi

The IMF EFF is signed May 9, 2013. Jamaica’s housing market enters a new phase as US$932 million facility anchors fiscal adjustment and commercial mortgage rates begin a long-awaited decline.

With IMF EFF negotiations in final stages and budget 2013/14 enacted, Jamaica’s housing market enters a tentative recovery as BOJ easing gathers pace.

One month after the NDX, Jamaica’s budget debate sets housing targets for 2013/14 as IMF pre-programme conditions advance and construction activity begins to stir.

The NDX closes February 14 with near-universal participation, restructuring J$860 billion of domestic debt and opening a new chapter for Jamaica’s interest rate environment.

The NDX closes February 14 with near-universal participation, restructuring J$860 billion of domestic debt and opening a new chapter for Jamaica’s interest rate environment.

With a domestic debt exchange imminent and IMF negotiations advancing, Jamaica’s housing market waits as the NHT transfer debate intensifies in Parliament.

As 2013 opens, Jamaica’s housing market confronts unchanged affordability barriers, an anxious bond market, and the looming prospect of a debt management exercise.

One year into the PNP government, Jamaica’s housing sector navigates fiscal consolidation, elevated mortgage rates, and persistent affordability constraints.

As the PNP government presents its first budget, NHT reform commitments and housing infrastructure investment are scrutinised. Jamaica’s property market posts its strongest quarter since 2010.

Two months into the PNP government, NHT reform details begin to emerge and the property market shows sustained post-election recovery. Construction activity picks up in St. Catherine.

Portia Simpson Miller’s new PNP government takes its first steps on housing and NHT policy. The property market shows early signs of post-election recovery as confidence returns.

The PNP sweeps to power on December 29, winning 42 of 63 seats. Portia Simpson Miller is set to form a new government with NHT reform and housing access at the top of her agenda.

With the December 29 election set, JLP and PNP compete on housing pledges. NHT reform and affordability dominate campaign debate as the property market holds its breath.