Money for Home Building
STATE ADVANCES HAS NEW PLAN Per Press Association. AUCKLAND, Last Night. A policy of extended loans for home building purposes is about to be instituted by the State Advances Corporation of New Zealand and full information will be issued shortly, according to a letter from Messrs A. D. Park and T. N. Smallwood, joint managing directors of the corporation. It is Understood the plan is likely to be one of the most far reaching evolved by the department. Full details are expected to be annnouncCd by the Minister of Finance, Hon. W. Nash, when Parliament meets. It is believed that the rate at which the corporation has been lending—per cent. —will not be exceeded under the new scheme, and there is a possibility even cheaper money may be made available.
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Bibliographic details
Manawatu Times, Volume 63, Issue 46, 24 February 1938, Page 6
Word Count
134Money for Home Building Manawatu Times, Volume 63, Issue 46, 24 February 1938, Page 6
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