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Kāpiti Coast councillors has agreed to set up an independent trust which will provide local residents with affordable housing, and could potentially take over the district council’s money-losing pensioner flats.
The entity could work with iwi or other organisations to build affordable or social housing on land that it bought or received from the council.
The trust will be governed by a board: one member will be appointed by the council, a Māori Trustee will be selected by the district’s iwi consultative group Te Whakamienga o Kāpiti, and up to five independent trustees will be recruited. Read more
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News category: New Zealand, News Shorts.
