17 Nov 2020

Little interest in loans for earthquake strengthening

From Morning Report, 8:46 am on 17 November 2020

Just 25 people have lodged expressions of interest in a loan scheme which helps apartment owners pay for their building to be earthquake strengthened.

The scheme has now been open for more than a month, and Kainga Ora says they expect it will take time before people are in a position to lodge an application.

But many owners fear taking on more debt.

Harry Lock reports.