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LWB_Issue_864_Online

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Q

16thAug - 22nd Aug

LOCALLY OWNED SINCE FOREVER

No 864

LAKES WEEKLY BULLETIN

FE

T

AT BU UR S E IN IN E SI SS D E

Push for affordable housing continues

2022 marks 15 years in operation for QLCHT – a crystal anniversary worth stepping back and reflecting upon. Having been with the Trust for most of its journey, I’m stoked to see how far we’ve come. After kicking off operations in 2007 as a small not-for-profit Trust focused solely on a shared ownership scheme, we developed further programmes over the years in response to the changing needs of the community. This evolution has resulted in several rental models, a mortgage product and most recently, our award-winning leasehold programme, Secure Home. We now cater to a much more diverse range of residents, from young single workers seeking assisted ownership, through to seniors looking for affordable and secure long-term rentals. And of course families remain a high priority for us, making up more than 50% of our waiting list demographics. This month the waiting list hit an all-time high of 806 eligible households. Although rental costs dropped by as much as 30% post-pandemic, but we’re now starting to see these creep back up as borders reopen, and more properties move back to short term visitor accommodation and are lost to the long-term leasing pool. Not a welcome situation for our local renters. However, something happened in recent days to send hope to all those not in the advantageous position of owning their own home. Last Thursday QLDC passed a resolution confirming a proposal which will mean developers are required to make a contribution to community housing. This is a process called inclusionary zoning (IZ) - or inclusionary housing.

Lochie was inspired by mum’s cancer journey and started NZ’s newest 12-hour ski challenge over the weekend, which saw teams of skiers and snowboarders compete for a range of prizes. Pictured: Lochie with family and friends from left to right Luke Win, Lottie Faulkner, Lochie (in yellow), Kahlee Ross and Rebecca Win. See story on page 4

This practice has actually been happening for nearly 20 years, but Council is now seeking to embed this into its official rule book, the District Plan. This resolution is a milestone in itself, and when the plan change goes through, it will be a game-changer for ensuring we can continue to adequately house the hundreds of people on our register. The basic philosophy behind inclusionary zoning is all about value uplift. Value is created when land is rezoned, let’s say from rural to residential. The community (via Council) enables that value uplift by permitting the upzoning of land. IZ principles state therefore, that some of the value created should come back to the community for the purposes of providing decent housing to those who need it. This ensures that a fixed proportion of all new developments are retained as affordable in perpetuity. It really is as simple as that. QLDC is a standout leader in the space of IZ. No other Council in the country is doing it like ours, and by means of robust relationship agreement, our Trust is the recipient of all IZ contributions which we use to house key workers in the Queenstown Lakes community. Julie Scott, Queenstown Lakes Community Housing Trust

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LWB_Issue_864_Online by Lakes Weekly Bulletin - Issuu