may 14, 1992 - Housing Corporation of New Zealand - split

Description:

Housing Corporation of New Zealand split to form:

Housing Corporation of New Zealand
Housing New Zealand Ltd
Ministry of Housing

Source: https://www.hnzc.co.nz/about-us/state-housing-agencies/

• the Housing Corporation would be retained as a legal entity to own the $3.8 billion mortgage portfolio (around one-fifth of the value of the New Zealand mortgage market) and the future of this business would be subject to review;

Source: https://www.msd.govt.nz/about-msd-and-our-work/about-msd/history/social-assistance-chronology-programme-history.html

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