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Property condition assessments of Tauranga and Invercargill HNZ properties

01 October 2015.

As part of the Social Housing Reform Programme (SHRP), in August the Government announced that it is taking the next step towards transferring ownership of some Housing New Zealand houses and tenancies in Tauranga and Invercargill to registered community housing providers.

As part of its due diligence process ahead of the potential transfers, the Government has selected SPM Assets to assess the condition of each Housing New Zealand house in Tauranga and Invercargill.

Information from the assessments will be provided to potential bidders prior to a transaction. This means that tenants only have to have one assessment of their property, rather than potential multiple bidders requesting access to the properties.

No final decisions have been made about which houses and tenancies in Tauranga and Invercargill may be transferred. Government is undertaking a commercial process which will take some months to complete.

Housing New Zealand are sending letters to tenants about the assessments.

This is not an inspection of how tidy a tenant’s house is and this assessment is separate to Housing New Zealand’s annual tenancy inspection. The assessments are due to start in October 2015, and tenants will be given plenty of notice before a contractor visits their house.

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