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

Gordon Campbell:
On The Kim Regime

During the Cuban Missile Crisis, the US had a very clear objective and eventually offered a quid pro quo of the removal of some of its own missiles from Turkey. This time, there’s no clarity about what the US is seeking, or offering.

It hasn’t helped that the US and the global media consistently agree on calling North Korea and its leadership “crazy” and “irrational” and urging it to “come to its senses”. When you treat your opponent as being beyond reason, it gets hard to comprehend what their strategy is, let alone work out the terms of a viable compromise. More>>

 

Recovery: Economic Impact Of Kaikōura Quake Revealed

The report details the impact on small businesses and tourism caused by disruptions to transport infrastructure and the economic impacts... The impact on New Zealand’s Gross Domestic Product (GDP) over the first 18 months following the earthquake has been estimated at $450-$500 million. More>>

ALSO:

Human Rights Commission: Urgent Need For Action On Seclusion And Restraint

Chief Human Rights Commissioner David Rutherford says that while the report makes for sobering reading, the focus should now be on how the recommendations can be used to reduce the occurrence of seclusion and restraint in New Zealand and, in circumstances where it is necessary, to improve practices. More>>

ALSO:

CORRECTIONS (March 2017):

SCHOOL SECLUSION ROOMS (2016):

$11bn Capital Spend, New Debt Target: Steven Joyce On Budget Priorities

First, delivering better public services for a growing country – providing all New Zealanders with the opportunity to lead successful independent lives... And finally, we remain committed to reducing the tax burden and in particular the impact of marginal tax rates on lower and middle income earners, when we have the room to do so. More>>

ALSO:

JustSpeak Report: Bail Changes To Blame For New Billion Dollar Prison

In 2013 criminal justice spending was falling and the Government was mulling over what to spend the money on. 3 years later there are 10,000 people in prison and a new billion dollar prison is announced. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news