ONLINE POLL RESULTS: NHT should not be treated as a financial institution
KINGSTON, Jamaica — Over eighty per cent of 2,867 respondents to an OBSERVER ONLINE poll said they do not agree with Prime Minister Andrew Holness that the National Housing Trust (NHT) should be treated as a financial institution.
Speaking at a ground-breaking ceremony for the Darliston and Masemure housing developments in Westmoreland on March 10, Holness asserted that the NHT was not a housing agency but rather a financial institution.
A day after his administration announced a withdrawal of NHT funds to support the budget, Holness argued “...People see the NHT as a housing agency. The NHT is not a housing agency, the NHT is a financial institution, and we have to treat the NHT like a financial institution".
He said that the Government would take steps necessary to improve the management and governance structures of the NHT, so that it was run more like a financial institution.
Holness, however, came under harsh criticisms for his comments.
Nineteen per cent of respondents said they agreed with the prime minister.