The BNTF is funded by a grant of US$2,866,897 from the Canadian International Development Agency (CIDA) and administered by the Caribbean Development Bank (CDB) with the Government of Jamaica (GoJ) providing counterpart funding of US$570,344 making the total cost of the Project US$3,437,241. Grant Agreement No. GA 19/JAM was signed June 16, 2003 between the CDB and the GoJ with a Closing Date of June 30, 2010.
The BNTF aims to provide resources to poor, underserved communities to improve access to basic public services, enhance employability and reduce social vulnerability. The Programme seeks to improve living conditions in poor communities, reduce poverty and unemployment through the provision of water systems, schools, health facilities, rural roads, drains and footpaths, market infrastructure, day-care centres and skills training.