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Leader of the Opposition, Mark Golding
A special fund will be established to assist young people under 35 years old with a $500,000 grant to be used as a down payment on a National Housing Trust (NHT) house if the People’s National Party (PNP) is returned to office.
Opposition Leader Mark Golding spoke to the issue on Tuesday (March 18) during his contribution to the 2025/26 Budget Debate.
“We recognise that often the hardest hurdle for young people in buying a home is the deposit.
“Well, we have you in mind. The next PNP government will establish a special Young Owners Deposit Fund of $1 billion within the NHT, using its resources to enable young persons under 35 years old to access $500,000 towards their deposit once they have been a NHT contributor for at least two years,” said Golding.
“They will be able to apply to the NHT and get their $500,000 deposit grant,” Golding added.Continuing, he said “Time come for young Jamaicans to own their homes”.
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