MONDAY, JANUARY 19, 1976
THE GAP, SHE SAID, WOULD HAVE TO BE FINANCED FROM ANY SURPLUS THE HOUSING AUTHORITY COULD PRODUCE FROM ITS ESTATES.
+TO ENSURE THAT ITS REVENUE AT LEAST KEEPS FACE WITH INFLATION, THE AUTHORITY HAS THE UNENVIABLE TASK OF REVIEWING, IN THE LIGHT OF TENANTS' INCOME AND COMPARISONS WITH PRIVATE PROPERTY IN THE NEIGHBOURHOOD, ITS DOMESTIC AND COMMERCIAL RENTS (MOST OF WHICH HAVE REMAINED STATIC FOR A NUMBER OF YEARS),+ MRS. CHIA CONTINUED.
+YOU WILL AGREE THAT INCREASED CONTRIBUTIONS FROM TENANTS WILL TAKE THE HOUSING AUTHORITY ANOTHER STEP NEARER TO BUILDING MORE HOMES FOR THE 100,000 FAMILIES STILL ON OUR WAITING LIST.+
MRS. CHIA MENTIONED CREATING COMMERCIAL COMPLEXES IN ESTATES AS ONE OF THE METHODS OF INCREASING INCOME.
SHE SAID THE HOUSING AUTHORITY WAS EXPLORING EVERY POSSIBLE OPTION SO AS TO REDUCE ITS DEPENDENCE ON GOVERNMENT LOANS.
IN CONCLUSION, MRS. CHIA SAID THE GOVERNMENT AND THE HOUSING AUTHORITY WERE DETERMINED, WITHIN AVAILABLE RESOURCES, TO PRESS ON WITH THE PUBLIC HOUSING PROGRAMME.
SHE DESCRIBED THE TASK AHEAD AS +AN UPHILL ONE+ BUT EXPRESSED CONFIDENCE THAT THE HOUSING AUTHORITY +WILL NEVER LOSE SIGHT OF ITS GOALS.+
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