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Appointments - National Housing Finance and Investment Corporation - Australian Housing and Urban Research Institute

Appointments - National Housing Finance and Investment Corporation - Australian Housing and Urban Research Institute
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Wellington scoop co nz » WCC may exit social housing, in favour of a new entity

Wellington Council may exit from social housing over costs

Wellington council explores rent subsidy to alleviate financial woes

File photo of Wellington city. Photo: 123rf The council is the country s largest provider of council housing, managing nearly 2000 units with over 3000 residents, but management of the housing is far more expensive than what the council makes through rent. Meanwhile, the capital programme over the next 10 years - which would make the units comply with Healthy Homes standards - was estimated to be just shy of $450m. In a meeting today, councillors agreed the mayor would write to the minister of housing and the minister of finance to request access to the Income Related Rent Subsidy. The subsidy is a rent top-up for public housing tenants (in homes run by Community Housing Providers or Kāinga Ora), but is not available for council housing tenants.

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