The Information Memorandum indicated that a large number of applicants fall into one of the following categories: a)  Cannot afford a mortgage (pure rental necessary). b)  Can only access the “rent-to-own” facility. c)  Can only access a mortgage between $ and $  d)  Require a level of subsidy from the State.
Unfortunately, there is a paucity of data on the operations of the HDC, making it difficult to determine whether the housing application situation has worsened or improved since 2009. This lack of data extends to information on the demand/supply dynamics related to new housing units.