Prime Minister Andrew Holness has dismissed concerns about the management of National Housing Trust (NHT) funds, insisting there has been “no issue of misuse or mismanagement” under his administration. Addressing the Budget Debate, Holness argued that Jamaica’s housing challenge is not financial, but structural. “Jamaica’s housing crisis is not a financing crisis, it is a supply crisis,” he said, noting that increasing housing stock requires land, infrastructure, approvals, and construction capacity, not just funding. He also clarified that while the NHT transfers approximately $11.4 billion gross to the Government, the net figure is closer to $7 to $7.5 billion after statutory deductions. “The NHT remains a solid, well-capitalized body that is not a fiscal risk to the government,” Holness added, maintaining that the agency has not been impaired in meeting mortgage demand, even at 0% interest rates. #JamaicaObserver #BudgetDebate #AndrewHolness #NHT #HousingCrisis #Jamaica