Government trying to involve banks in shared equity scheme
It is understood that the nation s banks would match the Government s €75m initial funding of the scheme
The department has said its scheme will meet Central Bank lending rules and that homeowners will not be required to repay the equity stake taken by the Government. File picture.
Sun, 17 Jan, 2021 - 20:30
Paul Hosford Political Correspondent
The Government is controversially trying to involve the banks in its shared equity housing scheme, it has emerged.
It is understood that the nation s banks would match the Government s €75m initial funding of the scheme.
However, discussions are said to be stalled due to a request from banks that the interest on the Government s equity be more aligned to the mortgage market and not as low as 1.5%, as wished for by the Department of Housing.
The Williamstown board of the Affordable Housing Trust on Wednesday talked about how it can reach more potential beneficiaries of its emergency rental assistance program and how it can structure a companion program for homeowners.
To date, the Williamstown Emergency Rental Assistance Program, funded by the trust and administered by Berkshire Housing Development Corp., has awarded just more than $17,000 in grants since its inception.
The trust recently transferred an additional $30,000 to BHDC to keep the program funded. But the trustees expressed concern that demand for the program, created for residents impacted by the COVID-19 pandemic, has not been higher.
Dan Gura asked if the application process could be streamlined to avoid discouraging prospective beneficiaries.
Ponsonby asbestos clean-up crew work to return people to homes after school fire
14 Jan, 2021 05:30 AM
5 minutes to read
Morecroft Group s clean-up crews have been down on their hands and knees in hazmat suits picking up asbestos and vacuuming lawns. Photo / Ben Leahy
Morecroft Group s clean-up crews have been down on their hands and knees in hazmat suits picking up asbestos and vacuuming lawns. Photo / Ben Leahy
Ben Leahy is a reporter for the New Zealand HeraldBen.Leahy@nzherald.co.nz
An asbestos cleanup team say they have been on their hands and knees vacuuming lawns in a bid get frustrated Ponsonby homeowners back into their contaminated properties as soon as possible.
Hundreds of landowners and 1,000s of migrants left in wake of border wall debate
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Two years ago, the debate literally showed up in Nayda Alvarez s backyard.
She saw a two person survey crew measuring her land to see where the wall would be built, and tells ABC13 one of them told her, They re going to build the wall right here.
Alvarez doesn t own a huge Texas ranch. Her family owns a little more than eight acres right on the Rio Grande in the city west of McAllen.
Standing in her backyard, she told ABC13 that the proposed route of the wall would be 20 feet from her back door and on top of her backyard fence.