Annual Report 2000/2001 Territory Housing
Tabled paper 154
Tabled Papers for 9th Assembly 2001 - 2005; Tabled Papers; ParliamentNT
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Loan Portfolio Profile PO R T FO L IO A SP E C T 1999-2000 A C T IV IT Y 2000-2001 A C T IV IT Y C O M M EN T Loans Discharged. 574 381 There was a significant drop in loan discharges during the year New loans (including HomeStart and HomeShare). 312 259 The number of new HomeStart loans was comparable to 1999-2000, with the overall reduction in loans due to the anticipated slow down of sales to tenants through HomeShare. Total number of loans managed. 2919* 2 797 The number of loans managed reduced by 4.1 %. Total value of loan portfolio managed. $189 130 000 $189 588 000 Represents an increase of 0.24% from the previous year total. * One additional loan added to 1999-2000 Annual Report performance information as a result of loan portfolio reconciliation in 2000-2001. Loans Discharged TJa) 700 600 re-Cu 500 </) c 400 re_0 O 300 <u E3 200 Z 100 1998-1999 1999-2000 2000-2001 Financial Year There was a significant reduction in loan discharges during the year The revised HomeStart loan scheme introduced in 2000-2001 creates new incentives for early discharge of loans. Incentives for early discharge aim to provide continued loan funding for low to moderate income earners.