The time is now: Jamaicans encouraged to buy homes

Senator Pearnel Charles Jr., Minister without Portfolio in the Ministry of Economic Growth and Job Creation. (Photo: JIS)
Senator Pearnel Charles Jr., Minister without Portfolio in the Ministry of Economic Growth and Job Creation. (Photo: JIS)

Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Senator Pearnel Charles Jr., is encouraging Jamaicans who do not own a home to take advantage of the opportunities initiated by the Government to make home acquisition easier.

Among these, he says, are the reduction in National Housing Trust (NHT) rates and increase in loan capacity and widening of the income eligibility band.

“It is one of the most important things you can ever do.”

— Pearnel Charles Jr.

“Now is the time for you to take the chance [and] invest your money in your own home,” Charles said.

He made those comments following the handing over of 374 housing solutions at the Winchester Housing Development in Green Island, Hanover, on November 14.

Charles noted that owning a home “is essential to your value, your life, [and] to your own existence”, adding that “it is one of the most important things you can ever do, and the opportunities have never been better.”