Full Govt finance for council flats
Parliamentary reporter A Housing Corporation subisidy of $136,000 for a Christ(church City Council rental 'housing project for the elderly iin Sumner has been announced by the member of ; (Parliament for Lyttelton , ((Miss C. E. Dewe). ; It is for 14 two-person flats pn Wakefield Avenue. They (will be let to people aged 60(or more with assets of up to! ;$5OOO, excluding a car. Miss Dewe said that in ad-(. (dition to the subsidy, a loan;> iof $49,000 would be approved.;' I This meant that the Govern- ! jment was financing the full;, (cost of building the flats. ■ The Government had allocated more than SIOM to; (rental housing for the elderlyjj i this financial year, and ex-!l (pected to have’a record total. ’ (of more than 800 completed!’ iby March 31, It
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Press, 23 February 1977, Page 7
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134Full Govt finance for council flats Press, 23 February 1977, Page 7
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