New partnerships for social housing
The Government is on track to deliver the 1,500 social homes funded through Budget 2024 and has confirmed strategic partnerships with five Community Housing Providers (CHPs).
“In Budget 2024, the Government committed $140 million in new funding for 1,500 new social homes to be provided by CHPs. We are on track to get these much-needed homes delivered by 30 June 2027,” Housing Minister Chris Bishop says.
“Of the 1,500 social homes, 500 are being delivered through projects previously identified by CHPs as potential social homes. Funding has been approved for 218 places under this pathway, which we are calling “maintaining momentum”.
“Under the maintaining momentum pathway, contracting is done on a project-by-project basis. This means, if a CHP has three developments they will need to go through the application and approval process three times and have three separate contracts with the Ministry of Housing and Urban Development (HUD).
“In the short term, this was the most efficient way of getting on with delivering social homes, because CHPs had already completed some preparatory work on these projects.
https://www.beehive.govt.nz/release/new-partnerships-social-housing
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