Purchasing a home with PHO

Through the Progressive Home Ownership (PHO) Fund, individuals, families and whānau will be able to achieve better wellbeing, health, and education outcomes through secure tenure in newly built warm, dry, and safe homes that meet their needs.

There are two ways eligible individuals, families and whānau will be able to purchase a home through PHO:

  • through approved PHO providers, and
  • through First Home Partner, administered by Kāinga Ora – Homes and Communities (Kāinga Ora).

Eligibility for the PHO Fund

To access PHO through PHO providers and through Kāinga Ora, applicants must first meet certain criteria.

Applicants must:

  • be legally able to buy a home in NZ (or married to or in a civil union or de facto partnership with someone who is legally able to buy a home in NZ)
  • have a household income before tax of no more than $130,000, (with an exception for multigenerational households)
  • be a first homeowner or a second chancer
  • be required to commit to occupy the home bought as their principal place of residence for at least 3 years.

In addition to the general eligibility criteria above, providers can apply their own eligibility criteria for their scheme(s).

Accessing progressive home ownership through PHO providers

PHO providers work with lower to median income individuals, families and whānau are unlikely to buy a home without a reasonable level of financial and non-financial support. They support individuals, families and whānau with the tools they need to achieve independent home ownership.  

PHO providers will work with communities on the ground to help individuals, families and whānau start their journey toward achieving their aspirations, matching them to a newly built home that meets their needs.

HUD has granted loan funding to the following providers for their PHO programmes:

Habitat for Humanity

Habitat for Humanity has operated a progressive home ownership scheme in New Zealand for more than 25 years using its rent to buy model. In that time, it has assisted more than 500 moderate-income families into home ownership.

Habitat for Humanity have received funding to construct 73 homes for PHO in:

  • Auckland
  • Pukekohe
  • Hamilton
  • Tauranga
  • Upper Hutt
  • Nelson/Tasman
  • Dunedin

Find out more about Habitat for Humanity’s progressive home ownership programme

Manawa PHO Limited

Manawa PHO Limited is the housing arm of Ngā Pōtiki ā Tamapahore Trust. They have partnered with Westpac bank to deliver the Ngā Pōtiki Shared Equity Home Ownership programme.

They have received funding for 30 homes in Pāpāmoa.

Find out more about the Ngā Pōtiki Shared Equity Home Ownership programme

NZ Housing Foundation

NZ Housing Foundation is a not-for-profit, charitable trust that assists lower income renting households to become homeowners.

They offer a Shared Ownership programme and have received funding to construct 78 homes in Auckland.

Find out more about NZ Housing Foundation’s Shared Ownership programme

Queenstown Lakes Community Housing Trust

Queenstown Lakes Community Housing Trust (QLCHT) is an independent, not-for-profit, community-owned organisation. It has a range of housing programmes, including a well-established assisted home ownership programme, Secure Home, which is based on a leasehold model.

QLCHT have already helped 25 households into their own homes in the Toru Apartments in Frankton, Queenstown.

QLCHT have received additional funding to support 10 families into their own homes – nine of these will be stand-alone homes in a new development at Lake Hayes, Queenstown, and one additional place in the Toru Apartments in Frankton, Queenstown.

Find out more about the Secure Home programme

First Home Partner with Kāinga Ora – Homes and Communities

First Home Partner is a new shared ownership scheme to help more New Zealanders buy their own home. 

First Home Partner is for first home buyers who have part of a deposit already and can service a standard mortgage but need extra financial assistance toward the purchase price of a home.

First Home Partner sees Kāinga Ora take an equity share in ownership of a new home with the new household, which the household then buys out over time.

Where PHO providers will match individuals, families and whānau to homes they have developed and that meets their needs, with First Home Partner, applicants must find a suitable home themselves.  

Find out more about eligibility for First Home Partner and how to apply


PHO is already helping New Zealand families

Transcript of PHO video


Tony: The best thing about owning our own home is having a place to call home. Having somewhere where our children can always come back to when they grow up and they decide to have their own children.

Tonya: If we were to go and rent again we would just be starting all over again. We've moved out of so many properties because they've been sold and had to restart, restart. Over and over again.

Tony: It's very difficult to buy a house. In any area, in and around where we were brought up. So we're from Manukau and in this area here, Flatbush it's just way too expensive.

Tonya: Since we've been together we've rented four different houses and we've never actually settled and been stable in a house. It's always been packing up and moving packing up and moving. I've been really worried because every time you move we've had to change our daughter's school. She's never got the stability that she should get in her education.

Tony: So do you guys know where your bedroom is going to be? I think your room is going to be up the top.

Child: No my room is right here.

Tonya: Ah that's the garage.

Tony: Owning the house for us is amazing. Owning a house in this area with the schools that are available to our children is just what we've dreamed about and it's something for them for their future and definitely an investment for us as well in the future. We couldn't have bought a house without this fund available.

Published: October 5, 2021