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New Zealand Housing Foundation

The New Zealand Housing Foundation is a not-for-profit charitable trust that assists low and mid income householders to buy their first home through shared ownership and home equity programmes.

Shared ownership involves first home seekers purchasing around 75% of the value of the property with the Housing Foundation purchasing the remainder. The new home owner can choose when and if they wish to purchase more, or the house can be sold and the profit used to purchase their own home outright.

In home equity programmes a household occupies a Housing Foundation home and pays a market rent, and the Housing Foundation helps the household through advice and support to clear its debts. Over time, the household gets 75% of the property’s increase in value to use to buy their own home.

Find out more about the New Zealand Housing Foundation on their website:

• www.housingfoundation.co.nz

BRANZ

BRANZ provides an independent research, testing, consultancy and information resource for the building and construction levy.  BRANZ building scientists have particular expertise in monitoring the performance of homes, having already monitored the Waitakere and Rotorua NOW Homes.

Find out more about BRANZ research on their website:

• www.branz.co.nz