Fiji Time: 4:22 AM on Sunday 24 September

Fiji Times Logo

/ Front page / News

Help for 236

Ropate Valemei
Friday, March 28, 2014

A TOTAL of 236 families were assisted under the social housing policy introduced in 2012.

According to the Housing Authority, the policy is a relatively new yet responsive housing program that is rapidly changing the socioeconomic outlook for many retired homeowners who have yet to complete paying off their homes.

Funded by a $2million government grant, former chairman Brigadier General Mosese Tikoitoga said in the authority's 2012 annual report the authority was able to write off the home loan accounts of homeowners who had paid more than one and a half times the principal loan amount and were now retired because of advanced age or medical conditions.

He said $1.9m was utilised to write off 146 families' home loan accounts of which $1.02m was drawn from the government grant and the remainder from authority provisions.

"These write-offs of homeowners' loans represented an increase of 62 per cent of customers who were assisted from the previous year," he said.








Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Westpac
Code Inward TTs Outward TTs
CAD 0.61690.5979
JPY 56.853253.8532
GBP 0.36700.3590
EUR 0.41880.4068
NZD 0.69110.6581
AUD 0.63360.6086
USD 0.50190.4849

from

$0.00

Exchange Rate updated on 22nd, August, 2017

Today's Most Read Stories

  1. A sad graduation for Waqatakirewa
  2. A-G: Pay overtime
  3. Mine land claim
  4. Leaders disagree
  5. Sedition accused guilty
  6. iTaukei women told to be proud of their identity
  7. 'Keep Diwali sacred'
  8. Velovelo residents could become permanent leaseholders
  9. Union berates State
  10. Families resort to muddy water

Top Stories this Week

  1. A sad graduation for Waqatakirewa Saturday (23 Sep)
  2. The fee to kill Tuesday (19 Sep)
  3. $16k dream holiday Monday (18 Sep)
  4. Mysteries of the floating island Wednesday (20 Sep)
  5. Head teacher in court for sexual assault Monday (18 Sep)
  6. Pay rise deal Wednesday (20 Sep)
  7. Man freed from prison Tuesday (19 Sep)
  8. Resort's legacy Thursday (21 Sep)
  9. Murder suspects further remanded Monday (18 Sep)
  10. Planned water disruption advisory for Suva Wednesday (20 Sep)