Sector shares views on improving options for social housing financing

Published 25 Feb 25
Last year, Te Tūāpapa Kura Kāinga – Ministry of Housing and Urban Development held a request for information (RFI) process, to hear from the finance sector on ways to improve access to finance for social housing.
The summary of the 36 RFI submissions made to the Ministry from banks, investors, intermediaries and other finance sector stakeholders is now available.
The information provided by the sector outlines some of the key issues around barriers to finance for community housing providers, including:
- varying government levels of investment in the community housing sector
- a lack of equity among community housing providers
- contractual clauses that unduly weight risk towards community housing providers.
In November, the Government announced changes aimed at ‘levelling the playing field’ for community housing providers.
These included changes to contracts for new social housing supply, increased use of leasing to provide social housing, targeted capital funding for new social housing developments.