jul 1, 1995 - Full market rents for State Houses - third round
Description:
The final round of rent increases for state tenants was completed over a two week period. There was no limit of the amount of the increase in the final round. Enhancements to the Accommodation Supplement, Special Benefit as well as the introduction of a Rent Rebate for State tenants over the age of 55 were designed to assist tenants. The $20 deficiency for Special Benefit was reduced to $10 (from 1 April 1995), and some rates of the Accommodation Supplement were increased (1 July 1995). Housing New Zealand provided protected rents to tenants paying less than the market rent after their third round rent review where the principal tenant or their partner was over the age of 55 as at 1 July 1995. They must also have lived in their present tenancy since 30 July 1991 and not be entitled to the Tenure Protection Allowance. The rent level was limited by the greater of the tenant’s rent after the third round increases and the average regional rent.
Source: https://www.msd.govt.nz/about-msd-and-our-work/about-msd/history/social-assistance-chronology-programme-history.html
Added to timeline:
A chronology of Māori housing in Tāmaki Makaurau - Key events
This timeline charts the changing institutional framework an...
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