Housing Reserve

Nelson City Council divested its community housing portfolio to Kāinga Ora with final settlement in March 2021. As a result of this process, the Council agreed to establish a Housing Reserve using the proceeds ($12 million).

On 22 September 2022, the Council opened the Housing Reserve for further applications utilising the Phase One Housing Reserve criteria (see below).

The Housing Reserve has been established on the basis that its purpose would be “to work with and support partners who have the ability to deliver social and affordable housing solutions for the community” and “ Council sees the Reserve as a community asset for which it has a stewardship role.”

At its meeting 5 October 2021, Council approved Phase One of the Housing Reserve. Phase One is a $2 million grants programme. Its objective is - To be invested to support and enable partners to deliver an enduring supply of new affordable housing in Whakatū Nelson.

Phase One was opened on 7 October 2021 to applications from Community Housing Providers registered with the Community Housing Regulatory Authority and/or Iwi Trusts. Applicants need to have a local presence and be well-positioned to deliver new affordable housing in Whakatū Nelson.

Phase One has now been completed with two grants allocated: $850,000 to Nelson Tasman Housing Trust for the development of 99 Muritai Street and $1million to Habitat for Humanity for the development of 623 Main Road Stoke. Read more here.

On 22 August 2022, the Council opened a Phase Two, allocating a further $2 million as grant funding. $1 million was granted to Nelson Tasman Housing Trust for the development of 76 Dodson Valley Road, and a further $1million to Habitat for Humanity for the development of 181 Rutherford Street. Read more here.

On 22 September 2022, the Council opened the Housing Reserve for further applications utilising the Phase One Housing Reserve criteria.  Applications for grants from the Housing Reserve can now be received on a continuing basis from Community Housing Providers registered with the Community Housing Regulatory Authority and/or Iwi Trusts. Applicants need to have a local presence and be well-positioned to deliver new affordable housing in Whakatū Nelson.  Applications should use the Application Form provided in the link below. Applications will be assessed and reported to the new Council for consideration. 

Downloads:

Read the Criteria and Process (202KB DOCX)

Download the Application Form (207KB DOCX)

For more information, please email housingreserve@ncc.govt.nz