HA WRITES OFF MORE HOME LOANS

HA STUDIES HOUSING DEMAND FOR OVALAU
April 16, 2012
HA HOUSING LOAN WRITE OFF
April 16, 2012

HA WRITES OFF MORE HOME LOANS

A total of 17 more families will this week have their home loan accounts completely written off.

The home loan write off is part of the Housing Authority’s Social Housing Policy that was announced in January to assist existing home owners who faced genuine financial difficulty.

Since the policy announcement, a total of 64 families have had their home loan accounts written off with a total value of just over a $1m to ensure that home owners who meet the criteria for write off were provided assistance.

Housing Authority chief executive officer, Alipate Naiorosui said, “the social housing policy being implemented targets our loyal  customers who have paid more than two and a half times the principal loan amount, are retired or can prove genuine financial difficulty”.

Peni and Losalini Atama who are both retired and run a small canteen from home are today proud home owners after they received a letter from the Housing Authority advising them that the home loan account for their 2 bedroom double storey terrace home had been written off.

“This is truly a blessing for my family. We had just under $10,000 remaining on our account and we are very grateful for the assistance provided by Government through the Housing Authority.”, said Peni Atama at his residence.

Mr. Tamani, a retired Public Works Department employee purchased the home in 1988 and had been living in the home with his wife for the past 23 years.

The social housing policy is not a hand out by Government but a program to ensure that those most likely to lose their homes due to disability, sickness or retirement are provided assistance through the strong criteria in place to assist those citizens that qualify.

HOUSING AUTHORITY OF FIJI

For more information, please contact Dwain Qalovaki Public Relations & Communications Office on 999 3915 or dqalovaki@housing.com.fj