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Fri 07 Jul 2008New housing bill to aid low income earners
Social welfare recipients and low income earners seeking to buy new houses could be given up to 60 per cent of the value of the property by the exchequer under the new Housing Bill published today by Minister for the Environment John Gormley.
The bill introduces a range of measures designed to encourage more people to buy houses and to improve the management of social housing by local authorities. However the long-awaited legislation to allow tenants to purchase their local authority flats has not been included in the bill.
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