1 июл 2008 г. - Shared Equity Home Ownership Pilot Scheme - starts
Описание:
The Shared Equity Pilot Scheme commenced. From this time, the pilot scheme provided an interest free loan of between five percent and 30 percent of the house purchase price. The scheme was limited to those with a household income up to $85,000 and a deposit of five percent. A maximum house price cap applied to target the scheme toward starter homes. The scheme was restricted to homes in regions with higher than average prices (Auckland, Wellington, Nelson, Christchurch and Queenstown).
The Government’s loan existed as a second mortgage over the property. It had no interest costs and required no repayment until either the house has was sold or the loan term ends. Households could reduce their shared equity loan by buying out a proportion of the loan based on the market value of the home at the time. There were incentives for homeowners to buy out the Government share (one percent for each five percent repaid).
If demand exceeded supply, eligible households would go into a ballot, though new builds would be prioritised to try and encourage new starter homes being built.
The pilot was expected to assist up to 700 households into starter homes over two years.
Source: https://www.msd.govt.nz/about-msd-and-our-work/about-msd/history/social-assistance-chronology-programme-history.html
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