This decline in homeownership rates from 1991 coincides with the end of State support for home ownership programmes for modest income households.
However due to a range of constraints including funding and access to affordable and appropriate land, the delivery of enough KiwiBuy homes to meet demand has not been possible.
Ayla’s Story: Ayla Hoeta’s attitude to, and success in life, belies bleak beginnings. Growing up her life was challenging ... >
Jackie’s Story: After her divorce, Jackie found herself starting over again. She moved from Wellington to Auckland in 2005 with four ... >
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Under the ‘Affordable Equity’ model a household purchases a share of the property at a price point they can afford (subject to criteria and conditions). The remainder is owned by our community housing providers and both parties will be represented on the property title. The household organises their own mortgage (with support from KiwiBuy), the advantage being that under this arrangement, they will have a smaller mortgage than they will ordinarily require to purchase the property at market value.
Under the ‘Affordable Rental’ model you occupy a new home built by one of our providers, paying the equivalent of a fair market rent and determined by what is affordable based on your total gross household income (before tax)
Salvation Army – Working for the eradication of poverty in New Zealand
Habitat for Humanity – Who deliver KiwiBuy products and services across Aotearoa
Housing Foundation – Who deliver KiwiBuy products and services across Aotearoa
Community Housing Aotearoa – Who represent all CHPs nationwide who want to see all New Zealanders well housed.
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