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Jamaica Mortgage Bank (JMB)
Mode of Procurement | Stock Exchange Listing – Privatisation |
Project Sponsor(s) | Ministry of Housing, Urban Renewal, Environment & Climate Change (MHURECC) & Jamaica Mortgage Bank (JMB) |
Description and location | The Jamaica Mortgage Bank (JMB) is a statutory corporation established under the Jamaica Mortgage Bank Act (1973) to foster the development of housing, directly or indirectly assist societies registered under the Co-operative Societies Act to develop cooperative housing and to develop an active mortgage market.
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Status | Transaction Structure completed and approved by Cabinet |
Estimated Capital costs/development expenditures | N/A |
Sources of Revenues | Income from operations at JMB |
Expected life of the project | To be determined |
Environmental Sustainability & Resilience features | To be determined |
Contact Information | Nicola Russell |
Suzette Bryan |