4 août 2014 - Social Housing - first community provider registered

Description:

The Wairarapa Community Enterprise Trust House became the first non-government community housing provider to be fully registered as a social landlord by the Community Housing Regulatory Authority. From this time, the Trust could rent its properties to recipients of the Income-related Rent Subsidy. This provided gains for tenants (paying only 25 percent of their income in rent) and the Trust (a government subsidy up to the level of the market rent), who had prior to this time been earning significantly less than the market rent from its properties.
The Income-related Rent Subsidy was, however, only available to new tenants.
Trust House had been formed in 1998 and in 1999 had purchased every state house from Martinborough to Dannevirke (around 500 houses).

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