Thomas Road - Flat Bush

In 2019, The Housing Foundation will be building four 4-bedroomed, two-storey houses.  These houses are part of a major subdivision currenty under construction.

The houses are designed for working households who are renting and are unable to purchase their own home.  These homes are ideal for family-sized households with two or more children and who want a place to call 'home'; ideally you already live or work in East or South Auckland.

 

To be eligible, you must be able to meet the following criteria:

  • Gross household income of between $85,000 and $95,000 per annum
  • Have a deposit of at least $10,000 (preferably more); you can include your Kiwisaver account balance in your deposit calculations
  • Have minimal or no debt (less than $5,000).  Please note: Student Loans are not considered a debt for the purpose of this exercise
  • Have a good credit record
  • Be able to qualify for a mortgage of between $380,000 and $450,000; New Zealand Housing Foundation will assist you in getting a mortgage from one of our partner banks
  • This must be your First Home and you must live in it.

 

If you believe that this is an opportunity which matches your current circumstances, please Register your Interest as a first step here: Registration Form

 

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