HOUSING IMPACT FUND
New Ground Capital is collaborating with the NEW ZEALAND HOUSING FOUNDATION (NZHF) to launch the Housing Impact Fund in the second half of 2017.
This fund is a response to the urgent need for greater support and assistance to low income households in respect to their housing needs.
Low income households are being priced out of the housing market at a growing rate. Income growth is significantly lower than house and rental price growth and as a result there is a lack of ‘housing pathways’ to move from poor quality renting to home ownership.
The fund will provide capital to acquire housing stock that will then be utilised by NZHF to improve the security of tenure and/or a pathway to home ownership for low-income households via their proven housing programmes.
The fund will allow investors to contribute capital to the residential housing sector, whilst facilitating this important social outcome.
If you would like further information, or have any questions, please email firstname.lastname@example.org or phone 021 783 043.
Important Legal Notice
Investment in the fund will only be open to persons who are “wholesale investors” under Schedule 1 of the Financial Markets Conduct Act 2013 (the Act) or who are otherwise entitled to receive offers of financial products without first receiving a product disclosure statement. If you are not familiar with the provisions of the Act, please consult with your professional adviser.
Nothing on this website is an offer or solicitation in any jurisdiction in which such an offer or solicitation is not authorised, or in which the person making it is not qualified to do so, or to any person to whom it is unlawful to make it. We have taken no action to permit a public offering in any jurisdiction where action for that purpose would be required.