Prime Minister Andrew Holness has announced new benefits for contributors to the National Housing Trust including a micro-finance loan regime targeted at low income earners.

He say its to be effective the first of April.

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He says the NHT will provide funds to other institutions for lending to current and new contributors to meet specific needs.

Prime Minister says the maximum loan amount will be 850-thousand dollars.

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The Prime Minister also announced the NHT plans to write over 8-thousand new loans at a value of almost 18-billion dollars for the next financial year.

He also says the NHT will implement policies to allow eligible contributors of seven years to purchase, at minimum, a studio unit.

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