The private sector support for public housing good

A Community Finance-backed development for the Salvation Army. (Image: Supplied)

Tue, 27 Jul 2021

Private investors with a social conscience could help community housing providers (CHPs) build thousands of new homes, advocates believe.Since launching in 2019, Community Finance, an impact investor platform, has provided finance for about 130 new builds.Chief executive James Palmer described the company as a matchmaking service pairing CHPs with investors, including major KiwiSaver providers and fund managers looking for a solid return along with social impact.“If you can get the same returns from our community bonds as you can from oth...

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