Community housing development opens
It follows legislation passed last year that allowed the Government to partner with community housing providers to extend the variety of social housing.
Community housing providers are now eligible to receive a subsidy, which means they will be able to provide income-related rents to high-needs tenants.
Subsidised rents had previously only been available to Housing New Zealand tenants.
Housing Minister Nick Smith said: “The Government has contributed $4.3 million from the Social Housing Fund’s $141 million to enable these homes to be built. The fund was established as part of the Government’s housing reforms to expand the community housing sector as part of a more diverse approach to the provision of social housing.
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.