October 28, 2013
In The Media, News
The Government is to spend $16.7 million on 87 new houses as part of community social housing projects in Auckland.
The announcement was made this afternoon by Housing Minister Nick Smith
at Trent St, Avondale, where 28 new homes will be built over the next
The Government will partner four community organisations, which will also contribute funding to build the houses.
The Trent St site is a partnership with the New Zealand Housing Foundation, which has received $4.2m from the Government’s Social Housing Fund for a $9.7m development, which will provide 20 houses.
It is expected 28 units will be built on the site, of which eight will be sold to help fund the development.
They will be aimed at low-income tenants, with some offered as rentals and some under a rent-to-buy scheme.
Read the article on NZHerald.co.nz