CHA has called for more capital investment in community housing to help address the affordable housing crisis New Zealand is facing.
“It’s great there’s a commitment of a further $200 million for around 750 more IRRS spaces and increased rents. We would argue that a matching amount of capital to accompany the rent subsidy would enable New Zealand’s not for profit community housing sector to leverage private investment and retain affordability for future generations. We would make those 750 homes into 1,500 homes.”
Read CHA’s press release here.