This was done on Centos butI think it's easier on Debian machines, the paths that it is set to use are tailored towards Debian, so there is some fiddling that needs to be done on Centos.
This is for chrooting ssh, but jailkit has other uses than just SSH jails but I won't cover them in this writeup.
1. Install jailkit
yum install jailkit
2. Setup Jail Home
mkdir /home/jail
chown root:root /home/ja........