Housing trust pledges 1,000 affordable homes for Queenstown Lakes District by 2028

Jan 15, 2018 | Uncategorised

QLCHT celebrated 10 years in operation in 2017, and the start of 2018 marks a new era for the Trust as it focuses on tackling the burgeoning waiting list of 500 families needing housing assistance in the Queenstown Lakes District.

QLCHT Trustees

“With our new Secure Home programme set to launch early this year, significant inclusionary zoning contributions due from land developers, and the backing of our local council, we’re well-placed to achieve this goal,” says chief executive Julie Scott.

1000 by 2028: How?

– 10% inclusionary zoning contributions in all future Special Housing Areas.
– Greater support from the Government.
– New Secure Home programme: The Trust’s new ownership model where the land is separated from the improvements, which enables the household to take out an affordable mortgage for the property. This programme was one of the actions to come out of the Mayor’s Housing Affordability Taskforce.
– More affordable rental programmes.
– Partnering with other not-for-profit and private organisations.

As a not-for-profit, community-owned organisation, QLCHT has six Trustees. These Board members also act as directors for the Trust’s wholly-owned subsidiaries, which include asset-holding, development construction and mortgage lending entities.

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