19179 (2026). Hon Kieran McAnulty to the Minister of Housing

Written Question
Published date: 27 May 2026
19179 (2026). Hon Kieran McAnulty to the Minister of Housing: 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?
Hon Chris Bishop: 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.