WORKERS' DWELLINGS.
A number of important amendments to the Housing Bill were introduced. The Prime Minister explained that the inoome limiting of a worker, had been criticised as too low. He agreed with this opinion, and the amendments provided for increasing the limit from £225t0 £275, and for increasing the income limit of a worker with two or more in family by £20 for each dependent to a maximum of. £355. The form of loan repayment in the case of a wooden house was being increased to 30 years, and in the case of a more permanent material to 36J- years. This would redace the rent basis. Regarding interest on money advanced, he was making the rate the'same for all classes, namely, o per cent., with .V pel- cent, rfe*a'^o'for prompt payment. He wag giving counties an opportunity of Lotto wing -money for workers' houses without the necessity of taking a poll of the ratepayers, ■ He was also inclined to allow Harbour Boards with rating areas to come under the same clause. There*was a now part to the Bill, enabling the limit of the advances to workers system to be increased from £450 to £750. Loans to employers for workers' dwellings would S bs afc die surae interest as other loans.
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https://paperspast.natlib.govt.nz/newspapers/TC19191016.2.51.7
Bibliographic details
Colonist, Volume LXI, Issue 15203, 16 October 1919, Page 7
Word Count
211WORKERS' DWELLINGS. Colonist, Volume LXI, Issue 15203, 16 October 1919, Page 7
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