$1.3m 'social housing' deal close
Thursday 9 September 2004
The Christchurch City Council is close to sealing a deal with Housing New Zealand (HNZ) to provide more than a million dollars for new "social housing".
By The LandlordThe council wants $1.35 million from HNZ as part of a 50/50 partnership to build a 24-unit housing development on land it owns in Richmond – on vacant land in Gowerton Place – adjoining an existing housing complex.
The HNZ money will come from its local government housing fund, a $64m scheme aimed at creating a new avenue for social housing.
City housing sub-committee chairwoman Carole Anderton said the demand for council housing was huge. Intelligent partnerships between the council and government could help provide housing for those in need.
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