In this latest edition of our newsletter we look at the revised goal of the Our Place plan; hear that the timeframe for Income Related Rent Subsidy RFP is likely to be extended beyond 31 March and read about two more speakers who will be at our CHA IMPACT 2017 conference in June.
The Selwyn Foundation is soon to start building a 90-bed residential aged care home at its Selwyn Village site in Point Chevalier (Auckland), in addition to its multi-purpose developments currently under construction at Selwyn Oaks (Papakura) and Selwyn St Andrew’s (Cambridge).
An iwi-led partnership is building a 49-home development at Whenuapai, and says the project is the first of a number it hopes to undertake to help address Auckland’s housing shortage as Treaty of Waitangi settlements are finalised.
The Tamaki Housing Association (THA) is the wholly owned tenancy management services business of Tamaki Redevelopment Company Ltd (TRC). THA delivers these services for TRC's existing portfolio of around 2,800 social houses. TRC is inviting indications of interest from parties interested in acquiring THA.
New requirements for protecting retention money come into effect on 31 March 2017, and are set out in the Construction Contracts Amendment Act 2015 (CCAA). The CCAA’s retention money provisions are designed to ensure payment of retention money to subcontractors, even in the event of insolvency.
New Zealand has the fastest rising house prices among major developed countries, according to a report in the Economist magazine.
The magazine suggests the trend may continue.
Labour Party political polling suggests in many cases New Zealanders want politicians to introduce
policies to bring down the value of their homes.
Environment Minister Dr Nick Smith welcomed the Local Government and Environment Committee’s report on the Resource Legislation Amendment Bill on 6 March, 2017.
When demand is high, Economics 101 suggests that developers would be building every house New Zealand needs. The trouble is the risks and roadblocks involved mean that developers' interests are nowhere near aligned with the wants and needs of politicians and the public. This in-depth article written for the NZ Herald by Diana Clement looks at some of the issues for the development of more houses and what some of the solutions might be.
Alison Cadman of community housing provider, Dwell Housing, said the shortage of housing in Wellington is the worst it has been.