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State housing is a system of public housing in New Zealand, offering low-cost rental housing to residents on low to moderate incomes. Some 69,000 state houses are managed by Kāinga Ora – Homes and Communities , [ 1 ] most of which are owned by the Crown .
The Treasury: monitoring of Housing New Zealand and the Tamaki Redevelopment Company. [3] The HUD is in charge of the Government's KiwiBuild scheme project. It also works closely with MBIE, MSD, the Treasury, Te Puni Kōkiri (Ministry of Māori Development), Housing New Zealand, and Corrections New Zealand. [5] [3]
On 1 October 2019 Kāinga Ora was formed by the merger of Housing New Zealand with its development subsidiary Homes, Land, Community (HLC) and the KiwiBuild Unit from the Ministry of Housing. Kāinga Ora is a large and important Crown entity, with assets of $45 billion and over $2.5 billion of expenditure each year.
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The Ministry of Housing was established in 1991 by the Fourth National Government as a policy advice agency alongside Housing New Zealand Corporation, which managed the state housing portfolio. [1] The Ministry of Social Policy, later the Ministry of Social Development (MSD), gained a housing policy role in the late 1990s. [1]
The Housing Corporation and Housing New Zealand merged into a single entity, Housing New Zealand Corporation, on 6 March 2002. [ 3 ] A separate Minister for Building Issues (later Minister for Building and Construction) was established by the Fourth Labour Government as the Ministry of Housing was expanded to become the Department of Building ...
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