25 févr. 2016 - Social Housing Reform (Transactions Mandate) Bill - starts

Description:

The Social Housing Reform (Transactions Mandate) Bill amended the Housing Act 1955, the Housing Corporation Act 1974 and the Housing Restructuring and Tenancy Matters Act 1992 to provide a transparent mechanism for the government to transfer properties from Housing New Zealand to the community housing sector.
The amending legislation ensured that the government could be transparent in transferring Housing New Zealand properties to the community housing sector. In combination with the guaranteed income stream through the Income-related Rental Subsidy, transferring properties provided capital and an asset from which the community housing sector could leverage further growth.
The new provisions provided that Ministerial authority could be used to transfer properties to meet the objectives of the Social Housing Reform Programme. There was also clarification that the offer-back provisions of the Public Works Act 1961 had never applied to land held by Housing New Zealand and that the Crown’s authority to administer the land was held under the Housing Act 1955. The right of first refusal that Iwi had over some Housing New Zealand properties did not change.
The previous legislation did not provide the government with the ability to direct Housing New Zealand (as a Crown Entity) to transfer specific properties.
The government was committed to transferring between 1,000 and 2,000 properties to the community housing sector in 2016, as well as transferring around 2,800 properties to the Tāmaki Redevelopment Company.

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

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