{"id":174220,"date":"2025-12-08T20:34:10","date_gmt":"2025-12-08T20:34:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/174220\/"},"modified":"2025-12-08T20:34:10","modified_gmt":"2025-12-08T20:34:10","slug":"rotorua-affordable-rentals-first-tenants-move-into-home-in-place-development","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/174220\/","title":{"rendered":"Rotorua affordable rentals: First tenants move into Home in Place development"},"content":{"rendered":"<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">It aimed at addressing housing affordability for \u201cmoderate-income\u201d essential workers in healthcare, education and emergency services.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">The 28 three-bedroom, two-bathroom homes would have rents set at 80% of the market rate, made possible by a 25-year Ministry of Housing and Urban Development subsidy.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">The rentals were among 58 homes in the wider residential building project, led by developer Watchman Capital.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">Speaking to the Rotorua Daily Post at their new home, Hori said he loved the kaupapa of rentals intended for essential workers.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">\u201cI count myself lucky, to be honest. But I know a lot of our public servants are struggling out there.\u201d<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">Hori works for Fire and Emergency New Zealand, while Pep was looking for mahi after being made redundant.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">The couple were living in Palmerston North before moving to Rotorua in March, where they had been living in a cabin for six months with wh\u0101nau.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">While they \u201cloved it\u201d, they were worried about living there during the summer with no air conditioning, Hori said.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">Pep said they looked at buying a home but found it was \u201cquite expensive\u201d.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">\u201cWe\u2019re like \u2026 we\u2019ll just rent until we can build at home on papak\u0101inga,\u201d she said.<\/p>\n<p><img  alt=\"Rotorua couple Hori and Pep Mana at their new home in the Home in Place affordable rental development in Rotorua. Photo \/ Megan Wilson\" class=\"article-media__image responsively-lazy\" data-test-ui=\"article-media__image\"\/>Rotorua couple Hori and Pep Mana at their new home in the Home in Place affordable rental development in Rotorua. Photo \/ Megan Wilson<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">The couple applied for a Home in Place rental about six months ago, and found out on December 1 their application was successful.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">\u201cI said to him, \u2018I don\u2019t believe it until we walk in and we get the keys\u2019,\u201d Pep said.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">Hori and Pep have eight children and three mokopuna. The couple would primarily live in the home alone but their two teenaged children would \u201ccome in and out\u201d, Hori said.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">Hori said he was most looking forward to having his mokopuna stay with them. They planned to host Christmas with their wh\u0101nau.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">\u201cI can\u2019t think of a better way to celebrate Christmas under a new whare.\u201d<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">Hori acknowledged the mana whenua of the land, Ng\u0101ti Whakaue, and the whakapapa of Te Arawhata, which a crescent in the development was named after.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">\u201cFor us, it\u2019s something we need to treasure and look after.\u201d<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">Pep thanked iwi and everyone who \u201cmade it possible for us to be able to have this opportunity\u201d.<\/p>\n<p><img  alt=\"Home in Place's first affordable rental development in Rotorua was officially opened on December 8. Photo \/ Megan Wilson\" class=\"article-media__image responsively-lazy\" data-test-ui=\"article-media__image\"\/>Home in Place&#8217;s first affordable rental development in Rotorua was officially opened on December 8. Photo \/ Megan Wilson<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">Home in Place chief executive Larissa Bridge told the Rotorua Daily Post the homes were completed on November 22, and the campaign to find essential workers to tenant them was \u201chighly successful\u201d.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">\u201cWe\u2019ve had dozens and dozens through our open homes, private tours \u2026\u201d<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">Twelve of 28 rentals had been tenanted and it would be fully occupied before December 24, she said.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">Tenants included nurses, teachers, emergency services, hospitality and pharmacists, Bridge said.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">She said giving \u201ckey workers that are essential to retain in Rotorua to serve the community\u201d access to affordable homes had been the organisation\u2019s goal.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">Bridge said market rent for the properties was $600 per week. The subsidy meant tenant households would pay $480 per week.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">She said it was a \u201cgreat saving\u201d for families who would potentially not otherwise be able to save for holidays or home ownership.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">In a speech at the opening, Ministry of Housing and Urban Development Rotorua, Tair\u0101whiti and Hawke\u2019s Bay director Jamie Forsman said these types of \u201cmixed use\u201d developments were serving a \u201csignificant need\u201d.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">\u201cParticularly those working wh\u0101nau who don\u2019t qualify for social housing but whereby market rent is still unaffordable.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">\u201cIt\u2019s great to see as well that these developments [are] being delivered at scale and at pace.\u201d<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">Forsman said \u201csome significant momentum\u201d had been gained towards housing delivery in Rotorua through public-private partnerships.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">Trade Me\u2019s latest Rental Price Index showed the national median weekly rent had fallen to $610 in October \u2013 the lowest since May 2023.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\">Despite the declines, the Bay of Plenty and Auckland remained the country\u2019s most expensive regions to rent at $650 per week.<\/p>\n<p class=\"sBjZnPfQVXyUIbaV\" style=\"display:none\"><a href=\"https:\/\/www.nzherald.co.nz\/author\/megan-wilson\" rel=\"nofollow noopener\" target=\"_blank\">Megan Wilson<\/a> is a health and general news reporter for the Bay of Plenty Times and the Rotorua Daily Post. She has been a journalist since 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"It aimed at addressing housing affordability for \u201cmoderate-income\u201d essential workers in healthcare, education and emergency services. The 28&hellip;\n","protected":false},"author":2,"featured_media":174221,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[36966,138,6928,18399,33965,170,46227,1888,1345,112087,78,296,74384,2683,111,139,69,3766,6744,22429,38532,1327,17292,3179,67016,1533,4478],"class_list":["post-174220","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-affordable","tag-business","tag-celebrating","tag-christmas","tag-designed","tag-development","tag-essential","tag-first","tag-home","tag-hori","tag-in","tag-into","tag-mana","tag-move","tag-new-zealand","tag-newzealand","tag-nz","tag-parents","tag-place","tag-rental","tag-rentals","tag-rotorua","tag-tenants","tag-thanks","tag-whare","tag-will","tag-workers"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/174220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=174220"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/174220\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/174221"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=174220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=174220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=174220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}