CHFA Launches $200 Million Bonds to Boost Affordable Housing Supply

Housing Minister Chris Bishop commends the Community Housing Funding Agency (CHFA) for launching $200 million in A+ rated bonds, making cheaper lending available for Community Housing Providers (CHPs) to deliver more social and affordable homes. The social bonds were well received by investors, demonstrating confidence in supporting social and affordable housing in New Zealand. The government is supporting CHPs by funding over 2,000 social homes and backing CHFA with a $150 million lending facility to help reduce borrowing costs and enable the delivery of more homes for less.