Affordable Housing Fund
The Affordable Housing Fund supports the development of new, affordable homes for low-to-moderate income people and whānau, in locations facing the biggest housing supply and affordability challenges.
The $350 million investment helps grow the affordable housing sector, which is critical to addressing the needs of New Zealanders who struggle to meet the cost of a market rental but can’t access public housing.
Affordable Rental Pathway
The Affordable Housing Fund’s Affordable Rental Pathway offered grant funding to not-for-profit organisations to deliver newly built affordable rental housing.
It’s often too expensive to build or sustain new housing and offer rent at a rate that is affordable for lower income people and whānau. The Affordable Rental Pathway helps to address this by offering funding to make these projects financially viable.
These affordable rental homes will be for lower income people and whānau who can’t afford market rent but can’t access or don't need public housing.
Not-for-profits include organisations such as community housing providers, iwi and Māori housing providers, councils, and charitable trusts.