THE OCCUPANCY OF STATE HOUSES
INCOME LIMITATIONS REMOVED (From Our Parliamentary Reporter) WELLINGTON, December 8. Extended financial provisions for housing schemes are contained in the State Advances Corporation Amendment Bill which was introduced by Governor-General’s Message in the House of Representatives just before the adjournment early this morning. The most important provision removes the income limitations on persons qualified to acquire dwellings by sale or lease under the Housing Act. The Corporation is also empowered to erect on any land set aside - for housing purposes shops, libraries, public halls, and public buildings which may be required to provide necessary social amenities in any particular district.
Extensions are also to be granted in the making of loans to employers who propose to erect workers’ dwellings. Previously such loans were limited to 75 per cent, of the value of the security but the Bill proposes to extend this limit to 90 per cent.
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Southland Times, Issue 23378, 9 December 1937, Page 4
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151THE OCCUPANCY OF STATE HOUSES Southland Times, Issue 23378, 9 December 1937, Page 4
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