852 3 739 7153 C N T A HEADQUARTERS
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852 3 739 7153 P.0211.11. 87 :11:21:
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Authority's L.
result in higher rents for our public housing tenants. Members will recall that the Review of the Long Term Housing Strategy envisages an increased commitment on the part of Government in this area and that the Authority's Report of the Domestic Rent Policy Review Committee published last year re-affirmed the principle that rent for public housing will continue to be based on affordability by the Authority's tenants. I will reiterate that the changes that are being implemented will only result in a more flexible approach to meet the housing needs and aspirations of our population and that they will provide for a Housing Authority which will be in a better position to determine what has to be
done to ensure that those needs and aspirations are met.
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Xithority's l
Turning now to the suggestion that the surpluses should be put into a special fund for the development of, and improvements to, public housing and welfare matters, I will only say that the future financing of the Housing Authority, including the treatment of any surpluses, is currently being considered and that this is an interesting suggestion which will be taken into account.
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