The Loan Component involves the on-lending of funds for the Integration of Water Adaptation Measures in New Jamaican Housing and will be administered by the JN Bank.
Persons can access this loan to facilitate the installation of water saving measures and technologies that would not otherwise have been purchased. The installation will reduce water demand and improve supply, thereby allowing householders to save on their water bills and build climate resilience.
Developers and construction companies will be able to tap into this component and make decisions regarding specific water efficiency systems. Eligible water adaptation measures include water efficient toilets, showers, taps, washing machines, dishwashers, baths, and rainwater harvesting systems, grey water recovery and re-use systems, and outdoor water saving technologies.