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Legislative Assembly for the ACT: 1997 Week 10 Hansard (25 September) . . Page.. 3405 ..

MINISTER FOR HOUSING

LEGISLATIVE ASSEMBLY QUESTION

QUESTION NO 469

Housing Trust - Loan Programs

MS REILLY - asked the Minister for Housing and Family Services - Noting that ACT Housing has been responsible for a number of different home loan programs.

(1) As at 31 August 1997 (a) how many of these home loans does ACT Housing administer; (b) what is the total value of these home loans; and, in relation to the earliest loan issued, what is (i) the commencement date and (ii) the listed date of finalisation.

(2) What is (a) the date of the last home loan issued and (b) the scheduled date of its completion.

(3) For the period between 1 July 1996 and 30 June 1997 (a) how many loans were finalised; and (b) can these figures be provided on a month to month basis.

(4) How many reposessions of mortgagees were undertaken or arranged between 1 July 1996 and 30 June 1997.

MR STEFANIAK - The answer to the Member's question is as follows -

1 (a) As at 31 August, ACT Housing administered 3426 loans.

1 (b) The value of the portfolio is $210.25 million.

(i) The oldest current loan was issued in July 1964.

(ii) The maturity date of the oldest loan is August 2009.

2 (a) The last Commissioner for Housing loan was issued in April 1997.

2 (b) The last Commissioner for Housing loan issued is due to be finalised in May 2022.

3 (a) For the period 1/7/96 to 30/6/97, 590 loans were finalised.

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