Case Study_Monte Cecilia_FINAL
Fund to provide 200 Auckland homes
It said it would underwrite loans to a maximum of $6 million over three years, which would allow the community housing sector to raise $30 million.
Head of Community Housing Aotearoa Scott Figenshow said that extra money would come from socially responsible investors such as trusts and foundations, at a slightly lower interest rate than other lending institutions.
Read more on Radio NZ News here.
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