It’s been a tough year for affordable housing. Whaingaroa Raglan Affordable Housing Project (WRAP) were hoping to be able to announce at least one if not two new housing development projects this year. You’ll see the projects listed on the website at www.wraphousing.org.nz.
In February this year workshops for the land owners were booked to outline the various ways that they could partner with WRAP to deliver truly affordable housing for Whaingaroa.
Project one owners postponed their planned workshop and then eventually put the project on hold for personal reasons. The project two workshop went ahead in March but the owners are still deliberating over their options. Project three is on hold for the next two years at this stage.
Meanwhile WRAP have been working with funders, banks and organisations who are interested in developing a shared equity or rent to buy option for investment while we continue the search for land or property to develop.
WRAP have been seeking funds via our connections with the Waikato Region Housing Initiative and others for the purchase of land or property to be held in trust until central government and investment finance can be finalised for development costs.
We are specifically looking for land that is zoned residential, and either has a building that can be removed in order to make way for smaller multi-unit development or is bare land that can be built on.
If you are a landlord with a property that might not be able to be brought up to the new tenancy standards, and, would like to explore a sale for re-development for a good cause, then call WRAP project lead Fiona McNabb on 027 688 9754.
