News

New report a pathfinder for affordable housing

LGNZ has published a report that provides a roadmap for councils finding their way through the complex policy, regulatory and market tools available to help enable more affordable housing developments for New Zealanders.

With demand soaring, rents rising and building costs increasing, many councils are grappling with how best to facilitate affordable housing developments in their communities. While the Government has begun to implement a range of legislation and organisations, understanding how they all fit together and are best utilised is difficult at best.

The report “Policy, Regulatory and Market Resources to Create Affordable Housing,” provides councils with details of the tools available, their advantages, disadvantages, and any lessons learnt in their development and implementation so far.

“Communities across New Zealand are facing housing pressures, and a feature of this has been a lack of development in the affordable housing segment, which plays a critical role in helping people transition from social housing through to market provided housing,” says LGNZ President Dave Cull.

“LGNZ’s latest report aims to make the provision of affordable housing easier by providing an accessible guide to all the resources that out there, as well as guidance on how to use them, which until now have been stored in a wide variety places.”