Fund to provide 200 Auckland homes

Dec 4, 2014 | News

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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