🚨 Immediate actions announced in response to scathing review of Kāinga Ora. Is the public housing agency financially unviable? Read more! 🏠
The independent review of Kāinga Ora – Homes and Communities has sent shockwaves through the housing sector. Sir Bill English's report revealed that the agency is underperforming and not financially sustainable, painting a grim picture of the country's social housing system. In response, the Government, led by Housing Minister Chris Bishop, has announced a series of urgent measures to address the critical issues identified.
Former Prime Minister Sir Bill English, who spearheaded the review, highlighted the urgent need for drastic changes within Kāinga Ora. The report emphasized that the agency would require a massive $21 billion cash injection over four years to maintain solvency, indicating a dire financial situation. This revelation has prompted PM Christopher Luxon to take the reins and initiate a multi-year overhaul of the public housing agency, signaling a significant shake-up ahead.
Despite the alarming financial findings, the Luxon-led government has assured the public that state houses will not be sold off. However, the Bill English report has recommended the establishment of community housing associations to address the housing crisis effectively. These proposed changes aim to ensure the delivery of much-needed homes while maintaining financial stability within Kāinga Ora.
In light of the review's findings, a new chair has been appointed to lead Kāinga Ora through the turbulent times ahead. The Government's commitment to reshaping the agency underscores the gravity of the situation and the determination to address the challenges head-on. With the housing sector at a critical juncture, the future of Kāinga Ora hangs in the balance, awaiting transformative reforms to secure its viability and continue serving those in need.
The Government has announced a series of immediate actions in response to the independent review of Kāinga Ora – Homes and Communities, Housing Minister ...
The country's social housing system isn't financially sustainable or delivering the homes people need, an independent review has found.
The scathing review into the Government's public housing landlord was led by former Prime Minister Sir Bill English.
The Government is embarking on a multi-year shake-up of public housing agency Kāinga Ora, after a highly critical report found the debt-laden agency was...
The review was led by former prime minister Bill English and was kicked off by the Govt within as part of its 100-day plan.
Housing Minister Chris Bishop said the report found Kāinga Ora was “not financially viable without significant savings as well as funding and financing ...
The Luxon-led government has said it won't sell off state houses. However the Bill English report makes recommendations to create community housing associations ...
The Government is embarking on a multi-year shake-up of public housing agency Kāinga Ora, after a highly critical report found the debt-laden agency was...
Kāinga Ora would need a $21 billion cash injection over four years to stay solvent, according to Bill English report.
Prime Minister Christopher Luxon and Housing Minister Chris Bishop made the announcement from Parliament on Monday. ROBERT KITCHIN / THE POST. The Government is ...
The agency was found to be underperforming and 'not financially viable', explains Stewart Sowman-Lund in this extract from The Bulletin.
Public housing advocates fear the independent review into Kāinga Ora to diversify social housing could see the Government withdraw from building public ...
Crown housing agency may have to bid against private housing providers to secure funding for future state homes.
The scathing review into the government's public housing landlord Kainga Ora, which was led by former Prime Minister Sir Bill English, was released ...
It's not. As Sir Bill has highlighted, it's a shambles. Or as Sir Bill's report said —echoed by the Housing Minister Chris Bishop yesterday— Kāinga Ora is not ...
With Kāinga Ora drowning in massive debt, Hurimoana Dennis from Te Puear Marae in South Auckland is concerned for whānau.
The Government looks set to devolve large parts of the delivery of public housing to community housing and other social providers after a damning report ...