Strategic Housing Investment Plan (SHIP)

In March 2017, the Council approved the SHIP for Council’s social housing portfolio. It includes three workstreams to be implemented over a 10-year period. They include:

  • A development programme to build 750 new safe, warm and dry homes on existing Council land – in 2019/20 this will focus on the development of the Harrison and Nairn Street sites in Mount Cook.
  • Delivery on our Portfolio Alignment Strategy which seeks to identify underperforming assets for divestment. This is to ensure that the City Housing portfolio best meets the needs of low-income tenants. The sale of these units will be reinvested in the development programme.
  • A capital programme to support City Housing’s ongoing financial sustainability – planning is underway to initiate a single capital programme to generate efficiencies in the delivery of capital investment, maintenance expenditure and overall upgrade works. A detailed plan and costings will be developed during the 2019/20 financial year.

In March 2017, the Council approved the SHIP for Council’s social housing portfolio. It includes three workstreams to be implemented over a 10-year period. They include:

  • A development programme to build 750 new safe, warm and dry homes on existing Council land – in 2019/20 this will focus on the development of the Harrison and Nairn Street sites in Mount Cook.
  • Delivery on our Portfolio Alignment Strategy which seeks to identify underperforming assets for divestment. This is to ensure that the City Housing portfolio best meets the needs of low-income tenants. The sale of these units will be reinvested in the development programme.
  • A capital programme to support City Housing’s ongoing financial sustainability – planning is underway to initiate a single capital programme to generate efficiencies in the delivery of capital investment, maintenance expenditure and overall upgrade works. A detailed plan and costings will be developed during the 2019/20 financial year.