Affordable Rental Pathway
The Affordable Housing Fund’s Affordable Rental Pathway offers $50 million of grant funding to not-for-profit organisations to deliver newly built affordable rental housing.
About the Affordable Rental Pathway
It’s often too expensive to build and sustain new housing and offer rent at a rate that is affordable for lower income people and whānau. The Affordable Rental Pathway helps to address this by offering funding to make these projects financially viable.
These affordable rental homes will be for lower income people and whānau who can’t afford a market rent but can’t access public housing.
Funding is targeted in locations with the greatest need for an increased supply of affordable rental for those on lower incomes, including:
- Tauranga-Western Bay
- Wellington metro (including Wellington, Porirua, Lower Hutt, Upper Hutt and Kāpiti), and
Not-for-profits include organisations such as community housing providers, iwi and Māori housing providers, councils, and charitable trusts.