Government teams up with Community Housing Funding Agency to scale up lending

Government teams up with Community Housing Funding Agency to scale up lending
A housing development from the Salvation Army that was delivered with assistance from Community Finance. (Image: Supplied)
Oliver Lewis
The Government is providing financial backing to the Community Housing Funding Agency, paving the way for the recently launched initiative to raise billions of dollars of funding for community housing providers to build new homes.Housing Minister Chris Bishop announced the plan on Thursday at a capital markets event in Auckland hosted by ANZ and KangaNews.Bishop, who last year spoke of his desire to level the playing field between community housing providers (CHPs) and Kāinga Ora, said the Government would establish Crown lending facilities of...

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