Little said reverting Housing NZ to a public service would mean Housing NZ would carry out policy and housing assessment rather than the Ministry of Business, Innovation and Employment and the Ministry of Social Development. Labour leader Andrew Little says Labour will turn Housing NZ from a corporation into a public service department and use the dividends it pays to the Government to build more state houses. How is it that in the worst housing crisis in living memory, the highest ambition National has for Housing NZ is to be a cash cow." Labour would allow Housing NZ to keep the money from dividends and instead buy and maintain state houses. Little has also pledged to 1000 state houses a year until the demand was met.
Source: New Zealand Herald July 09, 2016 02:37 UTC