Contributors or mortgagors of the National Housing Trust (NHT) who have lost their jobs for 12 months or more will be able to access their contribution refunds one year in advance, effective this July.
The initiative will expire in July 2022.
And the NHT contribution refund for the more than 26,000 public-sector workers will be extended to April 2022. The refund was slated to end in 2021.
Prime Minister Andrew Holness made these announcements on Thursday during his contribution to the 2021-22 Budget Debate in Gordon House.
He also offered details on far-reaching infrastructure projects, including the Montego Bay Perimeter Road Project, which will be funded solely by the Government.
Holness said that if the NHT refund was due for 2013, the contributor could access the refund for 2013 as well as 2014.National Housing Trust (NHT)