Territory Stories

Annual Report 2000/2001 Territory Housing

Details:

Title

Annual Report 2000/2001 Territory Housing

Other title

Tabled paper 154

Collection

Tabled Papers for 9th Assembly 2001 - 2005; Tabled Papers; ParliamentNT

Date

2001-11-29

Description

Deemed

Notes

Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.

Language

English

Subject

Tabled papers

File type

application/pdf

Use

Copyright

Copyright owner

See publication

License

https://www.legislation.gov.au/Details/C2019C00042

Parent handle

https://hdl.handle.net/10070/284047

Citation address

https://hdl.handle.net/10070/751358

Page content

Appendix Assist Interest Subsidy Scheme The Interest Assist Subsidy Scheme assists Territorians purchasing homes with private finance through assistance payments made directly to private lenders. The Interest Assist Subsidy Scheme is an incentive for home ownership for low to moderate income earners. Interest Assist Subsidy Scheme 2000-2001 1999-2000 Community service obligation (CSO) funding received 170 100 Net cost o f delivering service 172 147 CSO Surplus / (Deficit) (2 ) (47) Territory Housing pays a lump sum grant to low to moderate income earners to top up their deposit for first home purchases. The scheme is aimed at boosting home ownership for Territorians on low to moderate incomes. Early Start Deposit Assistance Grants 2000-2001 1999-2000 Community service obligation (CSO) funding received 790 790 Net cost o f delivering service 526 584 CSO Surplus / (Deficit) 264 206 . Stam p-Pailfr'tH lftj The Stamp duty differential is a grant paid to public housing tenants purchasing their public housing properties through private finance. Stamp Duty Differential 2000-2001 1999-2000 Community service obligation (CSO) funding received 250 250 Net cost o f delivering service 169 289 CSO Surplus / (Deficit) 81 (39)