Government’s Flexible Fund Delivers 823 New Social and Affordable Homes in NZ
The Government’s Housing Flexible Fund has exceeded its initial target by enabling the delivery of 823 new social and affordable homes across nine high-need locations, primarily funded through Budget 2025 with $41 million in operating and around $60 million in capital funding. This data-driven, needs-based approach prioritizes one- and two-bedroom homes and actively involves over 30 Community Housing Providers, including many Māori providers with strong local ties, to ensure effective delivery tailored to community needs. Building on previous budgets, the Flexible Fund establishes a long-term pipeline for social housing, reduces borrowing costs for providers, and aims to deliver thousands more homes in coming years to address ongoing housing demand.