$1.3 billion unused in home loan scheme

PUBLISHED : Wednesday, 29 November, 2000, 12:00am
UPDATED : Wednesday, 29 November, 2000, 12:00am

About $1.3 billion is still unused after two years' operation of the Home Starter Loan Scheme, according to the Housing Bureau.


The bureau has proposed allocating the money to help more single people buy their own homes. It has been estimated that 2,600 more single applicants could benefit in the next two years if the revision is approved.