4 Feb 2025
Govt announces 'turnaround' plan for Kainga Ora
The Goverment has today announced a "turnaround" plan for Kainga Ora which aims to reduce the agency's debt by about $1.8b compared to the pre-election figures. Housing Minister Chris Bishop's plan is to sell off hundreds of state houses, refurbish existing properties and use more affordable materials. It also means there will be no increase to the number of state houses. While the number won't decrease either, there are concerns for what it will mean for Kainga Ora tenants and for the country's state housing stock. Victor Waters has more.