Tenancy bond payments to go online next year

Dec 9, 2014 | News

“MBIE processes around 400,000 tenancy bond transactions each year, with nearly half of those being bond lodgements. Currently the only way landlords can lodge bond payments is by cheque. Today’s announcements will be welcomed by both landlords and tenants, who have...

Member Profile: Marlborough Sustainable Housing Trust

Dec 5, 2014 | Member profiles

The Trust has seven volunteer trustees, who are involved in all aspects of the Trust’s activities as there are no employed staff. Their work includes everything from strategic planning, writing policies and procedures, applying for funding, project management of...

Council underwrites housing bond issue

Dec 4, 2014 | News

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....

Fund to provide 200 Auckland homes

Dec 4, 2014 | News

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...

Christmas arrived early for Clarke St residents

Dec 3, 2014 | News

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...

Innovative approach to building new affordable homes in Auckland

Dec 3, 2014 | News

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...

Auckland Council’s initiative to increase affordable housing

Dec 3, 2014 | News

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...