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Affordable housing initiatives good for investors

Tuesday 12th of February 2008

Comment: Govt plans to pump up housing market

Housing minister Maryan Street says the government plans to develop large-scale housing developments involving partnerships between government and the private sector to increase the amount of affordable housing being built.

“A review of public land holdings will be undertaken to see what new land might be made available for significant housing developments involving a mix of public and private provision.

“We will support the development of the not-for-profit sector to provide more affordable rental and owner-occupied houses for lower-middle income families or individuals in high cost areas.”

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