Government approves amendments allowing the National Housing Trust to withdraw $11.4 billion annually to cover central government shortfalls.
1 report, 1 independent
Updated Jun 6
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What happened
Government approves amendments allowing the National Housing Trust to withdraw $11.4 billion annually to cover central government shortfalls.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The government utilizes the National Housing Trust to support housing projects, including those associated with Bernard Lodge.Sub-event
- The National Housing Trust is accused of mismanagement regarding housing funds and contracts.Sub-event
NHT is authorized to act as a cash source for government shortfalls.1 source
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The entities involved
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National Housing Trust
housing trust in Jamaica
Nothing else this week.
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government
system or group of people governing an organized community, often a state
Related events
- The government extracted funds from the National Housing Trust and stated its responsibility for housing affected citizens in Jamaica.
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- The National Housing Trust (NHT) is actively involved in initiatives to create affordable housing options for the local population in Jamaica.
- The government moved its excess borrowing into the National Investment Fund (NIF).