Community Finance pledges $100 million to build more homes

Author
Newstalk ZB,
Publish Date
Tue, 9 Mar 2021, 1:37PM
Photo / File
Photo / File

Community Finance pledges $100 million to build more homes

Author
Newstalk ZB,
Publish Date
Tue, 9 Mar 2021, 1:37PM

Private companies trying to solve the housing crisis.

Community Finance is trying to raise millions of dollars to build new homes, and ANZ and Generate KiwiSaver Scheme are already on board.

Chief Executive, James Palmer, told Mike Hosking it's off to a good start.

"While we are seeking $100 million, we have officially launched to market today and have already pledges of $51 million from some quite well known companies.

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