Annual Report 2000/2001 Territory Housing
Tabled paper 154
Tabled Papers for 9th Assembly 2001 - 2005; Tabled Papers; ParliamentNT
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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)