Community Housing supports new Shared Equity Plan

Tuesday, 20 May 2008, 10:32 am
Press Release: Community Housing Aotearoa

For immediate release: 20 May 2008

Community Housing Aotearoa supports the new Shared Equity Pilot

Community Housing Aotearoa is delighted by the government's pre-budget
announcement of a shared equity pilot scheme. The announcement of the $35m
two-year shared equity pilot could enable up to 700 households to get into
the housing market. The scheme will run in five of New Zealand's highest
house price markets: Auckland, Wellington, Nelson, Christchurch and
Queenstown.

Community Housing Aotearoa has identified housing affordability as one of
its key issues. Director Thérèse Quinlivan says any scheme by the government
that works to improve affordability either in the home ownership market or
the rented sector is welcomed.

Supporting the shared equity scheme Ms Quinlivan says she looks forward to
the government releasing further measures that will address housing
affordability.

Members of Community Housing Aotearoa have voiced their concerns that the
scheme might favour couples without children and therefore exclude larger
families from the shared equity scheme. Ms Quinlivan feels any future
programme needs to be flexible to accommodate different types of buyers.

Community Housing Aotearoa is keen to see HNZC, territorial authorities,
developers and the community housing sector work together in partnership to
provide more solutions for aspiring first home owners. Community Housing
Aotearoa is the umbrella body for community housing groups and has 170
members nationwide.

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© Scoop Media

Community Housing Aotearoa

Nga Wharerau o Aotearoa

Community Housing Aotearoa is the peak body for New Zealand's community housing sector. Our 110 members build and manage affordable and social housing.

Our Vision is to make sure every New Zealander is well-housed in a warm, safe, dry and affordable home. This is a basic human right.

We work to support the growth and development of community housing providers to enable them to provide affordable and social housing.

We want to demonstrate that community housing is a critical element alongside private and government owned housing. No one can do it alone.

Community Housing Aotearoa aims to:

1. be the voice of the community housing sector
2. build capacity and foster collaboration
3. promote best practice in housing policy
4. champion quality and excellence.

Contact Community Housing Aotearoa

• Website - communityhousing.org.nz/
• Our Place - Learn how we think this can be achieved
• Phone - +64 4 385 8722
• About us - Our 2021 annual report is online here
• Email - support@communityhousing.org.nz
• Link - Members directory
• Physical Address - Level 11, Ranchhod Tower, 39 The Terrace/102-112 Lambton Quay, Wellington