Illustrated above is one example of how our model works, a whānau had a 10% deposit and could get a mortgage to cover 80% of the cost of their first home, meaning they were 10% short of the total cost. Ka Uruora purchased the remaining 10% to help the whānau into their own home. Once the whānau can afford to own the whole house, they purchase the remaining 10% from Ka Uruora and then continue to pay off their mortgage.
Our housing opportunities are offered in partnership with Iwi.