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Wellington Council attempts to create affordable tenancy options for nurses and teachers: January 22, 2020

Wellington Council attempts to create affordable tenancy options for nurses and teachers: January 22, 2020

Wellington Council attempts to create affordable tenancy options for nurses and teachers: January 22, 2020 Wellington Council attempts to create affordable tenancy options for nurses and teachers: January 22, 2020, 9.59 MB
Wednesday, January 22, 2020

Wellington City Council has announced a major project with a private developer to provide affordable housing in the city for nurses and teachers. It's understood this is the first of its kind here in New Zealand, but the rental cap type model is certainly not new in the rest of the world, but the Council and partner developer The Wellington Company have announced more projects in the future that will continue the concept. Wellington councillor Fleur Fitzsimons is in charge of the portfolio and Lillian Hanly speaks to her to find out more about the Council's hopes for 'rent stabilisation' in Wellington.