Tailored and flexible

Nov 30, 2015 | News

“How will the new funding work for CHPs.We’ve asked the community housing sector to move in new directions since the decision to open up IRRS and I know that kind of change can be unnerving.

Here’s how I see the flexibility MSD now have in place for CHPs buying social housing.

In many cases it’s a bit like taking out a 25 year mortgage.

The key new words are tailored and flexible.

If we look at the negotiable contracts for building new social housing, a CHP can get a 25 year Government backed income stream – based on the Income Related Rent subsidy – effectively the going market rate of rent.

Under the flexible tailored contracts MSD will continue to pay even if the house is empty between tenancies.

MSD is also open to negotiating to pay more than the IRRS.

They are also open to paying an upfront development payment – in most cases around 10 to 20 per cent of the total cost of building.”

Read more of Paula Bennett’s speech here.

Recent articles

Annual Report

2021/22 CHA Annual Report

2021/22 CHA Annual Report

Strategic Plan

CHA’s 2022-2023 Strategic Workplan

CHA’s 2022-2023 Strategic Workplan

Case Studies

Media Releases






CHA 2022 Annual Report and Audited Accounts

What a year for our Community Housing Aotearoa Ngā Wharerau o Aotearoa team. Our Annual Report highlights our service delivery, including: - 16 submissions to central and local government. - 30 trainings and events delivered on topics ranging from public health...


Community Housing Aotearoa

Contact Us

Contact Info

Level 11, Ranchhod Tower,
39 The Terrace /
102-112 Lambton Quay
PO Box 11543
Wellington 6142

+04 385 8722

Follow On