The council’s development committee voted 14-5 yesterday to guarantee 20 per cent of the bond issue, or $6 million. The guarantee will allow community housing providers to borrow on more favourable terms, reducing the costs of homes by between $6000 and $8000....
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...
Chris Johnstone, Tauranga Community Housing Trust Manager says the new homes will bring much joy to these Gate Pa residents and families who will now be settled before Christmas. “Modern, affordable and warm dry housing for over 20 people with a serious housing need...
The $500,000 prize has been presented to the He Kainga Oranga/Housing and Health Research Programme, led by Professor Philippa Howden-Chapman from the University of Otago, who is the first woman research leader and the first social scientist to receive the prestigious...
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...
The council’s guarantee will provide greater confidence to bond investors, and enable cheaper and more favourable loan terms to be offered to community housing providers, boosting the supply of affordable housing in Auckland. This could reduce the cost of homes by up...
The briefing paper asks the Government to recognise homelessness as a significant national issue and to take a multi-sector approach to addressing both the short and long term issues facing the voluntary sector that supports the homeless. Read more on Scoop...
