
As part of the Government of Jamaica’s ongoing Hurricane Melissa Recovery efforts, the National Housing Trust (NHT) will grant an automatic six-month moratorium on mortgage payments for mortgagors in the worst-affected parishes.
The parishes of St Elizabeth, Westmoreland, Hanover, Trelawny, St James, Manchester, and St Ann are targeted.
The measure is set to benefit more than 20,000 homeowners. For all other parishes, the NHT will continue to review individual moratorium applications for those who have lost income or are facing special hardship.
The move was disclosed yesterday by Prime Minister, Dr Andrew Holness, in a statement to the House of Representatives.
Comments