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What advice, if any, has the Minister of Housing received from officials on financiers' response to the Income-related Rent Subsidy contract changes since those changes took effect? and 1 other question

Answered 19179, 19180 (2026)
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Asked by

Kieran McAnulty

List MP · Labour Party

Questions

  • 19179

    What advice, if any, has the Minister of Housing received from officials on financiers' response to the Income-related Rent Subsidy contract changes since those changes took effect?

  • 19180

    Which metrics, if any, will the Ministry of Housing and Urban Development use to measure whether the changes to Income-related Rent Subsidy contracts achieve their stated purpose of making the revenue stream more attractive for financiers?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Housing

Answer

The three contract changes on their own were designed to remove some uncertainty for financiers, rather than directly impact access to or cost of finance. The changes were implemented alongside other interventions as a complementary package to improve finance for social housing. As work on contract changes is in the process of being implemented, I have not received specific advice from the Ministry on financiers’ response at this stage. I expect to receive advice when changes have been sufficiently embedded and assessed to inform that advice.