Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 

Trust Puts In Infrastructure for Houses at Shotover Country


Trust Puts In Infrastructure for 44 Houses at Shotover Country

The Community Housing Trust is now in full swing with civil works at its 44 lot site in Shotover Country. The roads and services are expected to be completed by Christmas – with this part of the project costing $2m and supported by a loan from Community Trust of Southland.

Construction will be broken into blocks with three separate construction firms completing houses for the three blocks. The first stage is expected to begin at the end of this year, with the majority 44 properties scheduled for completion by December 2016.

Executive Officer, Julie Scott, said “we’re currently in negotiations with three building companies and expect to be in a position to announce these soon.”

The Trust is focusing on smaller homes and targeting a lower price range. Ms Scott comments “we have over 300 eligible households on our waiting list now. All of these are on low-moderate incomes with limited deposits. If we can drive the end price down we can assist more of these households. To do this we need to build smaller and smarter.”

The land was transferred from the developers at nil cost as part of their Community Housing contribution - an outcome of negotiations during the plan change process.

Trust Chair David Cole notes “this is a great example of a developer recognising the gain that results from a change in zoning and being willing to give something back to the community. We are grateful to the Stalkers for their contributions that help to retain affordable housing for the low income workers of our district.”

The project will be a mixed tenure development with some properties going into the Shared Ownership programme and others into one of Trust’s rental schemes.

The Trust’s first major development - Nerin Square, Lake Hayes Estate – has been hailed a success with several of the households having bought out the Trust and living on independently in the property.

ENDS

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines


Gordon Campbell: On The US Opposition To Mortgage Interest Deductibility For Landlords


Should landlords be able to deduct the interest on the loans they take out to bankroll their property speculation? The US Senate Budget Committee and Bloomberg News don't think this is a good idea, for reasons set out below. Regardless, our coalition government has been burning through a ton of political capital by giving landlords a huge $2.9 billion tax break via interest deductibility, while still preaching the need for austerity to the disabled, and to everyone else...
More


 
 

Government: Concerns Conveyed To China Over Cyber Activity
Foreign Minister Winston Peters has confirmed New Zealand’s concerns about cyber activity have been conveyed directly to the Chinese Government. “The Prime Minister and Minister Collins have expressed concerns today about malicious cyber activity... More

ALSO:


Government: GDP Decline Reinforces Government’s Fiscal Plan

Declining GDP for the December quarter reinforces the importance of restoring fiscal discipline to public spending and driving more economic growth, Finance Minister Nicola Willis says... More

ALSO:


Government: Humanitarian Support For Gaza & West Bank

Winston Peters has announced NZ is providing a further $5M to respond to the extreme humanitarian need in Gaza and the West Bank. “The impact of the Israel-Hamas conflict on civilians is absolutely appalling," he said... More


Government: New High Court Judge Appointed

Judith Collins has announced the appointment of Wellington Barrister Jason Scott McHerron as a High Court Judge. Justice McHerron graduated from the University of Otago with a BA in English Literature in 1994 and an LLB in 1996... More

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.