Under our Affordable Home Ownership programme, we share the purchase cost and ownership of housing offered until you can afford to take full ownership.
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.