Use of Advances. Housing Authority advances shall be used by the State for the provision through its Housing Authority of welfare housing in accordance with this Agreement and, without prejudice to the generality of the foregoing, may be used by the Housing Authority for the following purposes β (a) to meet the costs of acquisition and development of land primarily for residential purposes; (b) to meet the cost of construction of dwellings; (c) to meet the cost of purchase and upgrading and renovation of dwellings, and of substantial improvements to its existing dwellings but not so as to include the cost of maintenance of any dwellings; and (d) subject to the approval of the Minister, to provide bridging finance for community amenities that are not the responsibility of the Housing Authority.
Appears in 6 contracts
Samples: Housing Agreement (Commonwealth and State) Act 1973, Housing Agreement, Housing Agreement