Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


$30m Budget boost for Social Housing Fund

$30m Budget boost for Social Housing Fund

The Government is providing an additional $30 million of operating spending in Budget 2014 to help the community housing sector provide homes for high-need families, Housing Minister Dr Nick Smith says.

“The community housing sector will be able to help hundreds more high-need New Zealand families get access to a warm, dry, affordable home with Budget 2014’s $30 million boost to the Social Housing Fund,” he says. “This initiative is part of the Government’s social housing reforms and our plan to grow the community housing sector.

“We are achieving this through grants from the Social Housing Fund that began in November 2011, through access to the income-related rent subsidy that started last month, and from asset transfers from Housing New Zealand that will begin and grow from this year.”

The Social Housing Fund was established in 2011 with an initial one-year budget for 2011/12, and was boosted in Budget 2012 with funding for 2012/13, 2013/14 and 2014/15. Budget 2014 provides ongoing funding of $10 million a year for 2015/16, 2016/17 and 2017/18.

The $30 million announced today is in addition to the $77.5 million of new operating funding and $18.2 million of new capital funding for improved assistance to social housing tenants also announced today by the Minister for Social Development.

“The community housing sector has an important role to play in New Zealand’s housing challenges. It can provide wraparound social services alongside housing support, it has a better record than public providers in consistently managing the quality of housing, and it can achieve better value for money across more houses.

“This latest boost to the social housing fund is part of the Government’s wider housing programme. Our work to improve affordability is increasing land supply and productivity, while reducing development contributions, building material costs and compliance costs. We are also investing heavily in reconfiguring and improving Housing New Zealand’s homes,” Dr Smith says.

Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Greens: Russel Norman To Stand Down As Co-Leader

Green Party Co-leader Dr Russel Norman has announced today that he will stand down as leader at the party’s Annual General Meeting in May. Dr Norman will remain as Co-leader and retain his finance and climate change portfolios until the AGM.

“After nearly a decade as Co-leader, now is a good time to find a new challenge for myself, and to spend more time with my family” said Dr Norman.

“This is my ninth year as Co-leader and I think it’s time for a change. Now is a good time for new leadership for the Party. My replacement will start from a strengthened base and will have a full parliamentary term to establish himself in the role and take the Greens into government in 2017." More>>

 

Gordon Campbell: On The Eleanor Catton Rumpus

If anyone was in doubt about the accuracy of the comments made in India by Eleanor Catton, the reaction from some quarters here at home has gone a long way to proving her point… More>>

ALSO:

More Rent Assistance, Less State-Owned Housing: John Key Speech - Next Steps In Social Housing

"We are going to ensure that more people get into social housing over the next three years, whether that is run by Housing New Zealand or a community provider. The social housing budget provides for around 62,000 income-related rent subsidies a year. We are committed to increasing that to around 65,000 subsidies by 2017/18, which will cost an extra $40 million a year." More>>

ALSO:

The Future Of Work: Andrew Little - State Of The Nation 2015

In 2005 when I led the EPMU we worked together with Air New Zealand to find a way to keep engineering jobs that were heading overseas. A lot of these workers were people I’d known for years and they were facing not just losing their jobs but not being able to find the kind of work they do without going overseas. A lot of people were facing personal and financial upheaval.... More>>

ALSO:

Gordon Campbell: On The Sabin Case, The Pressures On Greece And (Songs About) Coyotes

Mike Sabin is a National MP, and the current chairman of Parliament’s law and order committee. Yet reportedly, he is being investigated by the Police over an assault complaint... However, the PM will not comment on any aspect of the story. More>>

ALSO:

Houses, ISIS, King (& Catton): PM Post-Cabinet Press Conference

The Prime Minister met with reporters to discuss: • Social housing, the Auckland housing market • The prospect of joining international forces to combat ISIS • David Bain’s compensation • The lowering of the flag for the King of Saudi Arabia's death ... More>>

ALSO:

Gordon Campbell: On Tomorrow’s Speeches By John Key And Andrew Little

The Key government has already kicked off the political year on a stridently ideological note, with Environment Minister Nick Smith choosing to lay all manner of sins at the door of the RMA. Tomorrow, the government will wheeling out its best salesman – Prime Minister John Key – to sell its plans for state housing… . More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news