Housing Authority to lease private properties as social housing

Housing Authority to lease private properties as social housing

Labour is just reintroducing a scheme it didn’t want in 2013, says PN

Updated 2.20pm – Former Housing Authority CEO reacts

Property owners will soon be able to lease their homes to the Housing Authority for use as social housing, as part of a new scheme unveiled today.Addressing a press conference, Parliamentary Secretary for Social Housing Roderick Galdes said the leased properties would be locked-in for 10 years, providing a guaranteed income to property owners according to market prices.Rent received on the property would be tax-free, Mr Galdes said.Properties on plan, as well as existing ones in a […]

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