Ngā Pōtiki will receive $7.2 million from the Ministry of Housing and Urban Development (HUD) through its Progressive Home Ownership fund.
Minister of Housing, Hon Dr Megan Woods, visited the Manawa residential development in Pāpāmoa Beach to make the announcement.
Ngā Pōtiki and Ministry of Housing and Urban Development (HUD) officials have invested a lot of time and resource to realise this outcome.
The Ngā Pōtiki Progressive Home Ownership (PHO) Programme will enable more Ngā Pōtiki whānau to buy their own homes.
Victoria Carroll, Deputy Chair of Ngā Pōtiki ā Tamapahore Trust, said the Ngā Pōtiki Progressive Home Ownership (PHO) Programme will enable Ngā Pōtiki to expand its shared equity home ownership scheme to more than 30 Ngā Pōtiki whānau and assist them into home ownership.
“Given that Tauranga is one of the most expensive cities in which to buy a home, exacerbated by low household worker incomes for Māori, we need these innovative programmes to assist hard-working whānau into home ownership.”
She said quality affordable housing for Ngā Pōtiki people is a key post-Treaty-settlement strategy, and Ngā Pōtiki want to deliver that across a spectrum of housing – social, affordable rentals, and home ownership.
Ngā Pōtiki developed a bespoke shared equity scheme in 2018 that has helped and will continue to help Ngā Pōtiki whānau buy their own homes.
The first 10 Ngā Pōtiki whānau have already graduated through this scheme and are now living in their own homes at Manawa.
The Ngā Pōtiki PHO Programme will be delivered within the existing shared equity framework.
“Affordable housing is an issue for all New Zealanders, however, it is compounded for Māori because household incomes are often less than the average household income,” Carroll said.
“This makes homeownership more difficult for our whānau. Our shared equity scheme is aimed at working whānau who without support couldn’t afford their own home.”
Colin Reeder, Chair of Ngā Pōtiki ā Tamapahore Trust, said there are more than 200 whānau and elderly on the Ngā Pōtiki waitlist for homeownership and rental accommodation.
“We want our Ngā Pōtiki people to be able to continue living in their rohe, to be close to their whānau and marae, to stay connected to their whenua. Therefore, we need to help create housing here in Pāpāmoa that our people can afford to live in.”