Government-backed housing support expands as affordability pressures persist
National Housing Trust remains central to mortgage access for thousands of Jamaicans
Interest rate cuts of 1 to 2 per cent introduced for key public sector workers
Minimum 20 per cent of new scheme units reserved for buyers under 35
Deposit assistance of up to J$2 million aimed at easing entry into the property market
A long-standing question facing first-time buyers, whether to approach a real estate agent or a lender first, has taken on new urgency in Jamaica following a major policy shift aimed at improving access to housing for key workers and younger buyers.
Effective July 1, 2026, the National Housing Trust will introduce targeted mortgage incentives, including interest rate reductions of 1 to 2 per cent for teachers, nurses, firefighters, and members of the security forces, based on years of service. Workers with five to ten years of service…
