dec 13, 2016 - Social Housing Purchasing Strategy released

Description:

The Ministry of Social Development released the 2016 update of the Social Housing Purchasing Strategy (the Strategy).
The Strategy signaled the types and locations of the social housing places that were needed over the next four years. It was focused on increasing the numbers of one bedroom and two-bedroom places.
Overall, the Strategy indicated the need for more than 6.400 additional social housing places over the next four years. Of these, around 2,600 new Income-related Rent Subsidy places had been contracted for or had a high certainty of eventuating, and the Ministry indicated that it would like to purchase a further 3,800 places.
The Strategy was intended to inform community housing provider’s decisions on where they should focus their attention and create more supply. It also provided certainty around future funding and contracting, so they could make supply decisions with confidence.

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

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