41
/
AIzaSyB4mHJ5NPEv-XzF7P6NDYXjlkCWaeKw5bc
May 31, 2026
3391299
305645
2
Public Timelines
FAQ

sep 11, 1969 - Family Benefits (Home Ownership) Amendment Act

Description:

The Family Benefits (Home Ownership) Amendment Act 1969 extended the Family Benefit Capitalisation Scheme to include the purchase of existing homes.
In conjunction with capitalisation of the Family Benefit, many homeowners obtained mortgages through the State Advances Corporation.

Source: https://www.msd.govt.nz/about-msd-and-our-work/about-msd/history/social-assistance-chronology-programme-history.html

Added to timeline:

Date:

sep 11, 1969
Now
~ 56 years ago