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Chris Bishop: Housing Minister on the new loan scheme for community housing providers
Published 5 months, 1 week ago
Description
The Housing Minister's working to strengthen our community housing sector with a new loan scheme.
The Government will take on some of the risk of bank loans to eligible community housing providers.
It says the move should lead to more social homes with better lending conditions and lower priced loans.
Chris Bishop told Mike Hosking Kāinga Ora currently borrows through the Government's low rates, which gives them a competitive advantage.
He's trying to create a housing system that delivers warm and dry social houses, no matter who owns them.
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