Auckland property developer to build 500 social rentals

Aug 2, 2017 | News

500 social rental homes will be built over the next seven years. Photo: 123RF

Ted Manson has started construction of what he hopes will become 500 social rental homes in Auckland over the next seven years, in deals that also involve maintenance of the apartment buildings.

Mr Manson, who is the managing director of family-firm Mansons TCLM, unveiled the ambition of his charitable foundation at a housing summit in Auckland.

He said construction has just begun on apartment buildings in Liverpool Street in central Auckland, and in the west Auckland suburb of Glen Eden.

The Ted Manson Foundation is leasing 163 of the 240 apartments to social housing provider Compass, as state-funded social rentals.

The balance will be sold privately.

Property developer Ted Manson Photo: RNZ / Todd Niall

Mr Manson told more than 100 delegates at an Auckland housing summit that his family upbringing in a state house had been the foundation of his views on the need for stable, affordable homes.

“My parents lived in a very small one-bedroom apartment before the state house, to which I moved when I was five, so I’m doing this for philanthropic reasons because I’ve done very well in my life and been quite successful and realise that life’s not fair for one,” he told RNZ.

Mr Manson said the combination of funding, and his ability to build and maintain the apartments, made the venture unique.

“We’re building very robust properties, to Homestar 6 standard, out of concrete and robust joiner so not cheap,” he said.

“It’s just about impossible for any normal person to do this unless they’ve got a lot of money and their own construction company.”

His family firm Mansons TCLM has been behind prominent commercial buildings such as the new Spark headquarters.

Mr Manson blamed Auckland’s soaring house prices on government policies such as tax breaks for residential property investors.

“Negative gearing has to be stopped. This will slow down property investors from buying so much, and therefore stop property prices increasing so much.”

He called for an end to sales of existing homes to non-residents, and for publicly-owned land to be sold cheaply to community housing providers.

Recent articles

Community Housing Aotearoa newsletter 27 June 2022

Community Housing Aotearoa newsletter 27 June 2022

Our CEO Vic Crockford reflects on our past, while looking forward, Dwell Housing Trust's board is recognised for their sterling efforts, new research highlights NZ's ongoing housing challenges. Upcoming events include; the Community Housing Aotearoa MSD Training...

Community Housing Aotearoa (CHA) Newsletter 13 June 2022

Community Housing Aotearoa (CHA) Newsletter 13 June 2022

Kaupapakāinga: The potential for Māori cohousing, The Shift Directives - Leilani Farha, IN THE NEWS, EVENTS, National Volunteer Week, Te Wiki Tūao ā-Motu, Community Housing Aotearoa (CHA) | MSD Training Series - Session 3: Emergency Housing, Community Housing Aotearoa...

Community Housing Aotearoa (CHA) Newsletter 30 May 2022

Community Housing Aotearoa (CHA) Newsletter 30 May 2022

Community Housing Aotearoa (CHA) Newsletter 30 May 2022, 2022 Minister of Health Volunteer Awards now open for nominations, Community Finance takes out Innovation in Finance award, Budget 2022 panel discussion, Two new Pacific roles at CHA, NRHCC - winter wellness and...

Annual Report

CHA’s 2020/21 Annual Report

CHA’s 2020/21 Annual Report

Strategic Plan

CHA’s 2022-2023 Strategic Workplan

CHA’s 2022-2023 Strategic Workplan

Featured Network

Residential Tenancies Act Community of Practice

Residential Tenancies Act Community of Practice

Our Place

Our Place Report 2017

Our Place Report 2017

Case Studies

Media Releases

News

Anti-Social Behaviour notes Nov 21

Tenants Protection Association (Chch) Inc. Notes for presentation at Tenancy Management Community of Practice Nov 2021 Anti-Social Behaviour notes Nov 21

Tenancy Management COP November 2021 summary

tenancy-management-cop-november-2021-summary The final Tenancy Management Community of Practice for 2021 was held via zoom on 11th November 2021. This Community of Practice is relevant for advocates, practitioners, navigators and tenancy managers involved in...

Newsletters

Community Housing Aotearoa newsletter 27 June 2022

Our CEO Vic Crockford reflects on our past, while looking forward, Dwell Housing Trust's board is recognised for their sterling efforts, new research highlights NZ's ongoing housing challenges. Upcoming events include; the Community Housing Aotearoa MSD Training...

Community Housing Aotearoa (CHA) Newsletter 13 June 2022

Kaupapakāinga: The potential for Māori cohousing, The Shift Directives - Leilani Farha, IN THE NEWS, EVENTS, National Volunteer Week, Te Wiki Tūao ā-Motu, Community Housing Aotearoa (CHA) | MSD Training Series - Session 3: Emergency Housing, Community Housing Aotearoa...

Community Housing Aotearoa (CHA) Newsletter 30 May 2022

Community Housing Aotearoa (CHA) Newsletter 30 May 2022, 2022 Minister of Health Volunteer Awards now open for nominations, Community Finance takes out Innovation in Finance award, Budget 2022 panel discussion, Two new Pacific roles at CHA, NRHCC - winter wellness and...

Community Housing Aotearoa (CHA) Newsletter 17 May 2022

Māori, Pacific needs left out of one size fits all approach to high-density developments, HUD and CHA Online Engagement on draft Public Housing Design Guidelines, In the News, RESOURCES, 2022 updates to healthy homes standards regulations take effect today,...

Community Housing Aotearoa (CHA) Newsletter 2 May 2022

Human Rights Commission releases troubling indicators on habitability, COVID-19 RESPONSE, First funds released from council housing reserve, Seven-point plan released to tackle cost of living, Community Finance nominated for top industry award, In the News, Events,...

Submissions

Legislation

Reports

Research

Community Housing Aotearoa

Contact Us

Contact Info

Level 11, Ranchhod Tower,
39 The Terrace /
102-112 Lambton Quay
PO Box 11543
Wellington 6142

+04 385 8722

support@communityhousing.org.nz

Follow On