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Housing Authority seeking to rent property

Sub-standard property will not be accepted for rent by the Housing Authority, minister Dolores Cristina said.

Sub-standard property will not be accepted for rent by the Housing Authority, minister Dolores Cristina said.

The Housing Authority has launched a new rental scheme through which property owners can rent their premises to the authority that will then sublease it to tenants at subsidised rates.

Property owners will benefit from a reduced tax rate of five percent on their guaranteed rental income and will enter a contract with the authority for a minimum of 10 years, said Housing Authority Chairman Charles Borg.

The property must be finished, have all necessary planning permits and be up to standard.

An independent board will evaluate property to ensure it matches standards and to determine how much the authority will pay, in commercial rates, depending on the location and size of the property.

The authority will then sublease the property at a subsidised rate, Mr Borg said. He added that the authority will take the responsibility of the property once leased. The authority would be strict when it came to regulating tenants as it did not want to discourage property owners from entering the scheme, he stressed.

Family Minister Dolores Cristina stressed that the scheme was not aimed at filling substandard properties that no one wanted.

It was aimed at providing families, who had social problems, with housing while moving away from the concept of housing estates.

She said that the Housing Authority currently had a waiting list of about 2,000 people of which about 500 fell under the priority list and included people who needed to change home as it was too small or big, people living in shelters such as domestic violence victims and former prison inmates.

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Charles Sammut

Dec 19th 2011, 12:00

Good, are you volunteering? Or are you generous with other people's property?

David Galea

Dec 19th 2011, 12:10

Or this is another hoax similar to the one introduced a couple of year ago. The housing at that time issued a reduced rental price to families that rented from the private. I tried to apply but after various months the authority declared that there was a hitch. Persons to be able to able would have to guarantee that their total income is less than half the minimum wage. Therefore nobody seems to be able to apply.

P Pace Balzan

Dec 19th 2011, 12:37

@Charles Sammut
I (we) will look into it and then decide.
Re your point about generosity the ans is YES. Alot of people have over decades been forced to rent out their property for less then a weeks wage or at that an hours wage. The max rental amount by legislation has now been changed however it is still low at Eur180pa.
.
Re Your second question the ans is NO - I do not covet anybody's goods.
.

M Farrugia

Dec 19th 2011, 12:57

kumment purament politiku ghal gid li l-ministeru qed jipprova jaghmel sabiex isolvi certa problemi. Mr. Gauci il-passat kulhadd jafu u nahseb li ma ghandux dnub jitfa l-ewwel gebla.

M Farrugia

Dec 19th 2011, 12:59

ahjar il-gvern jiffissa il-prezz milli johodulek u minflok johroglok requistition order u jaghtih lil min irid huwa bhal ma kien jigri fil-passat. Dawn se jkunu purament sabiex joqghodu in-nies fihom u mhux biex jinghatw lil xi kazin.

Mr Steve Cassar

Dec 19th 2011, 13:43

If the owners set the amount as rent... the property will remain vacant for sure!
The property will be rented to families who are in financial difficulty and 99% they dont afford the current rates!

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