'Game changer' for public housing supply

'Game changer' for public housing supply
Positive Capital's shared equity model will help fund more public housing like these CORT units (Image: Supplied).
Oliver Lewis
A new $200 million shared equity scheme could help community housing providers (CHPs) build up to 400 new public homes.Community Finance, an impact investor platform, already provides CHPs with affordable finance, provided by investors seeking to use their money for social good.However, its founders soon realised that to build more new developments, CHPs also needed help with equity.New company Positive Capital, a sister company to Community Finance, aims to solve that problem.On Monday, the company announced global investment house Alvarium an...

More Finance

Todd Corporation: the reset
Finance

Todd Corporation: the reset

Legacy gas assets will give way to a focus on solar electricity generation.

Pattrick Smellie 13 Dec 2024
Kiwibank won't bring banking Revolut-ion
Finance

Kiwibank won't bring banking Revolut-ion

Forget Kiwibank. Revolut is the force big banks will have to reckon with, expert says.

FMA to oversee ‘regulatory sandbox’ for fintechs
Finance

FMA to oversee ‘regulatory sandbox’ for fintechs

The initiative aims to speed up financial services innovation and regulation in NZ.

Ben Moore 12 Dec 2024
Todd Corp: what went wrong?
Finance

Todd Corp: what went wrong?

A dividend freeze as the family empire rebuilds for the future.

Pattrick Smellie 12 Dec 2024