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New Zealand launches $150M fund to aid affordable housing, with Westpac pledging $1B support.
The New Zealand government is launching a $150 million Crown lending facility to help Community Housing Providers (CHPs) build more affordable housing.
Westpac NZ has praised the move, committing to lend $1 billion to social and affordable housing over three years.
The initiative aims to reduce financing costs for CHPs, making it easier to construct homes for those in need.
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Nueva Zelanda lanza un fondo de $150M para ayudar a viviendas asequibles, con Westpac prometiendo apoyo de $1B.