The organisation announced yesterday it would not take part in the Government’s plan to sell up to 8000 state houses to community providers after research showed it would stretch its resources too far.
It would consider joining forces with other providers to buy some of the state houses, but it would not take them on alone.
Since unveiling the policy in January, Prime Minister John Key and Finance Minister Bill English have cited the Salvation Army on several occasions as an organisation which would be interested in taking over some of Housing New Zealand’s stock.
Read the full NZ Herald article here.
