Mayor Phil Goff released a plan on 28 November to restrict rate rises and raise significant new revenue while restraining borrowing and supporting underpaid and vulnerable Aucklanders.
New data from the Reserve Bank shows that the average first home buyer is borrowing a record $390,000, up by 43 per cent from $273,000, in just two years. LVR rules requiring a 20 per cent minimum deposit mean the average first home now costs around half a million dollars.
The Government is proposing to transfer up to 2500 social houses in Christchurch to community housing providers (CHPs), Ministers Bill English and Paula Bennett have announced.
The Green Party is launching a plan today to help people struggling with student loans get into their first home.
Green MP Gareth Hughes’s Student Loan Scheme First Home Repayment Diversion Bill was launched today, the latest in a series of Green Party policies to address the housing crisis.
A Nelson Mail article on 24 November shows a single mother caring for six children feels there is no option but to pitch a tent at a Nelson campground after struggling to find a rental house. Karla Tunney said she was given 90-days notice to leave her rental home in Richmond with no explanation after living there for three weeks
Land suitable for 60 apartments on the Te Atatu Peninsula is the latest addition to the Crown Land Programme, Building and Housing Minister Dr Nick Smith says.
A proposal to transfer the ownership and management of Housing New Zealand (HNZ) properties in Horowhenua will not proceed at this time, the Minister Responsible for Housing New Zealand, Bill English says.
A new social housing complex of 120 apartments is to be built on surplus Crown land and an adjoining Housing New Zealand site in Auckland in partnership with local iwi, Ministers Paula Bennett and Nick Smith have announced.
The Green Party Co-leader Metiria Turei launched a progressive ownership plan to provide up to 10,000 new homes for lower-income Kiwis to own, and to empower community housing groups with new financing models to help fix the housing crisis on 19 November .
Mixed income, mixed tenure communities is a term used in this sector for creating successful communities where housing developments are involved. But what do we mean by this? In this article, CHA’s Hope Simonsen and Angie Cairncross explore what a good mixed income, mixed tenure community looks like with Dominic Foote of the New Zealand Housing Foundation.
