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Expanded low-deposit home ownership programme

11 April, 2001 Media Statement

Service providers for expanded low-deposit home ownership programme

Organisations with experience in managing or delivering adult education and other social support services should consider becoming service providers for Government's low deposit rural lending programme, Housing Minister Mark Gosche said today.

"We are expanding the regions covered by the Low Deposit Rural Lending (LDRL) Programme and service providers are now needed in Waikato, Western Bay of Plenty, Central Plateau, King Country, Wanganui and Hawkes Bay," he said.

"The programme enables low-income households and families in predominantly rural locations to qualify for low deposit home loans. Participants must attend a series of specifically designed housing workshops and we are looking for service providers who can manage and deliver these workshops."

Currently the Low Deposit Rural Lending Programme is run by the Housing Corporation of New Zealand and operates in the Far North and Northland as well as parts of the Bay of Plenty, East Coast and northern Hawkes Bay. HCNZ are advertising for suitable service providers this week with applications closing on the 27 April, 2001 at 5pm.

Mr Gosche said suitable providers will have a proven track record in managing and/or delivering adult education and other support services.

Contact: LDRL Registration of Interest, Housing Corporation of New Zealand, Box 2822, Wellington or email: paul.dibley@chl.co.nz


ENDS

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