Affordable Housing Act 2021

Redemption and realisation of affordable dwelling equity

15. The affordable dwelling equity shall be redeemed by the homeowner and realised by the housing authority by means of one or more of the following:

(a) making of redemption payments by the homeowner in accordance with section 16 ;

(b) payment by the homeowner following a sale of the affordable dwelling in accordance with section 17 ;

(c) realisation of the affordable dwelling equity by the housing authority in accordance with sections 18 and 19 .