Articles tagged with Financing

CHFA Launches $200 Million Bonds to Boost Affordable Housing Supply

18 hours ago | 60 views

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.

Tags: Chris Bishop Community Housing Funding Agency CHFA social bonds affordable housing social homes Community Housing Providers New Zealand Kāinga Ora financing

Revitalizing the Property Sector: Updates on Market Cycles, Innovative Ideas, and Growth Opportunities in Queenstown

2 weeks ago | 160 views

The speaker expresses gratitude for being at an event in Queenstown hosted by the Property Council, emphasizing the importance of collaboration among various stakeholders in the property industry. They acknowledge the challenges faced by the construction and property sectors due to inflation and economic cycles but highlight government initiatives to support recovery, including reforms to streamline building processes. The speaker outlines key pillars of the Going for Housing Growth program and upcoming Resource Management Act reforms aimed at facilitating development and addressing infrastructure needs, concluding with a mention of City and Regional Deals as strategic partnerships to drive economic growth and housing development.

Tags: Leonie Freemen Minister Penk Shamubeel Eaqub Simplicity Reserve Bank Property Council Resource Management Act Going for Housing Growth Development Levies Infrastructure Funding and Financing Act