Addressing a press conference, Minister for Social Housing Roderick Galdes and Prime Minister Robert Abela announced the ‘New Hope’ scheme. This scheme will help people who survived diseases such as cancer overcome social and economical limitations previously imposed upon them when it comes to buying houses or apply for a bank loan.Despite overcoming the illness and having the same economical issues as others, such persons could not previously buy life insurance due to the previous laws in place.
This scheme will release stress off of banks as well as bringing dignity to all as where the bank institutions cannot provide such insurance, the government will step in to help. This insurance will include a €250,000 loan from banks which the government will use to help people who work and lead normal lives and yet find such challenges. The Prime Minister said that this will help people of all lifestyles achieve their aspirations in life with dignity and hope.
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Photo Source: Roderick Galdes FB, Pinergy