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Cottage plan put to Govt

Owner - occupier pensioner cottages may soon be built in Christchurch.

- A three-man deputation is led bv the Mayor of Christ church (Mr H. G. Hay), met e the Minister of Housing and d deputy Minister of Finance e (Mr Gair) in Wellington yes i- terday to discuss the building of pensioner cottages. Mr Hay said in Christas church last evening that the a'Government was “quite ’• -encouraging” on this cond cept. The $5OOO asset limit Cf would not apply. An elderly ;s |person could sell his own .home, and have equity in a .'smaller unit. I Mr Hay said Mr Gair was ! “anxious to help” the council with bridging finance for the project. “This type of housing would cater for a lot of people who have got homes perhaps bigger than they require. and want to move into smaller unit,” said Mr Hay.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19760317.2.154

Bibliographic details

Press, Volume CXVI, Issue 34104, 17 March 1976, Page 22

Word Count
147

Cottage plan put to Govt Press, Volume CXVI, Issue 34104, 17 March 1976, Page 22

Cottage plan put to Govt Press, Volume CXVI, Issue 34104, 17 March 1976, Page 22

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