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...

CHA Director Scott Figenshow says the council’s support of the new Auckland Housing Bonds is two-fold. It will act as guarantor to the community housing sector to raise money to build affordable homes in Auckland. It will also provide half of the $400,000 in seed...