Establishing a housing trust
Whanganui's Housing Future
Everyone in Whanganui deserves a safe, affordable home in a connected community. Since 2018, the Council has been working toward an independent, accountable housing entity to support the housing aspirations of the district.
Why a housing Trust?
Since 2018, various models have been explored to find the best way to accelerate and deliver on the district's housing aspirations. Recent experience has reinforced the importance of council supporting and enabling development while ensuring commercial and development risks sit with those best placed to manage them. An independent trust provides a way to attract private investment and support housing outcomes without exposing ratepayers to long-term financial risk.
Council is currently leading the work to establish the trust. Once established, the independent trust would lead housing delivery, with council's longer-term role focused on supporting, enabling and facilitating rather than building homes itself.
Council on its own has not been eligible for most government housing funding, so the trust would be independent of council and governed by a trust deed that sets out how it is held accountable to our community. That independence would enable it to partner directly with government, community, mana whenua and housing providers, make decisions in Whanganui, and build a portfolio of affordable homes from rental to ownership, for people at every stage of life.
The next stage is about progressing the resolution to establish the trust, with housing affordability remaining a guiding principle.
At this stage, the decision covers the establishment of the trust itself, including its structure and governance. The Strategy and Policy Committee has endorsed separating establishment from the choice of funding options, and officers will report back on those options to inform the Long-Term Plan 2027-2037.
Why is council involved in housing?
The need is clear. About 90 new homes are being built each year in Whanganui against an estimated 2,000 required over the next decade, with an increasing number of people in our community unable to afford the private market.
We also have an ageing population, with nearly 23 percent of our residents aged 65 and over.
Hundreds of these older residents currently live in council housing that needs significant renovation in the next five years to ensure it continues to serve them well.
Whanganui's housing needs are best understood by the people who live here and care about its future. Governments and their priorities will change, but the need for safe, affordable housing will remain. The trust is intended to provide an enduring local focus, working for this community and its housing outcomes regardless of changes in government.
Read more in our FAQs(PDF, 303KB)
What's the background to this?
Full milestone timeline (current as at October 2026)
2018 - Council turns its focus to housing
In 2018, Council began looking closely at housing in Whanganui. Along with its 275 older persons' housing units needing significant investment, at the same time, the wider need for safe, affordable homes was growing, and new supply was not keeping pace. Council recognised that a home is the foundation of a liveable district, and that it could not meet this need alone. From this point, Council started working on the housing strategy.
2019 - Housing Strategy consulted on and delivered
Public consultation: May – July 2019
This strategy set out a vision and framework for addressing Whanganui's housing issues, grounded in the Leading-Edge Strategy's priority of a liveable district that works for everyone. It started from the view that a safe, warm, dry and affordable home within a great community is the foundation for people to live well and contribute to their families, communities and the wider district. The strategy covered the full housing continuum, from social housing through to affordable housing and the wider market, using the Housing Adequacy Framework.
2021 - Council takes stock of its Older Persons’ Housing Portfolio
As part of the broader housing picture for Whanganui, Council undertook a full stocktake of its older persons' housing portfolio. The aim was to understand the condition and future of the 275 units it owns, and to investigate what actions Council could take to improve both the quantity and quality of older persons' housing in the district. The stocktake noted that, because of the age of the stock, the current model is not sustainable for Council without investment. This work showed how much needs to be done, and it informed the options Council has been weighing since.
2022/2023 - Annual Plan
In 2022/23, Council set aside more than $1.8 million to advance social and community housing in Whanganui. The funding supported advocacy with central government, iwi-driven initiatives, growth of council's existing housing portfolio, scoping of residential conversion opportunities in the city centre, and development of a residential spatial plan. Council also continued to work with social support agencies to explore solutions to the growing number of residents seeking urgent housing support.
2022 - The Turley Report
Council commissioned the Turley Report to provide a detailed assessment of the current condition of its older persons' housing portfolio. The report identified how the existing stock could be improved and where new homes could be built. It gave Council a clearer evidence base for the decisions that followed.
2023 - Housing Reference Group established
Council established a strategic governance group with Kāinga Ora and Tupoho Housing to support increased housing availability in Whanganui. The group brought together council, central government and iwi to work on the housing need in partnership.
2024 - Long Term Plan
Council asked the community what it wanted for Whanganui's future, and the vision that came back was far reaching: wellbeing for everyone, backed by affordable housing and stronger social and cultural connections. Economic wellbeing centred on housing, the strength of the local economy, income, and education and training opportunities, and 68 percent of people highlighted housing as a major concern.
2024 - Committee endorses a business case approach to a housing entity
Council's Strategy and Policy Committee endorsed a business case approach to determine whether a housing entity could be the right vehicle for growing Whanganui's housing stock. This step allowed Council to test the options carefully before making any decision about establishing an entity.
2024 - Committee agree in principle to establish a standalone housing entity
The Strategy and Policy Committee recommended an agreement in principle that its preferred option is to establish a standalone entity with partners, with a community housing provider as the back-up option, subject to a business case.
2025 - Council receive KPMG Business Case
The Strategy and Policy Committee adopted the KPMG Business Case with the preferred option being a standalone entity with partners.
June 2025 - Annual Plan Consultation
After community support at 72%, Council decided to continue exploring the creation of an entity independent of council to grow and improve Whanganui's housing stock. An agreement was made that Council would loan fund $700,000 and repay the debt over 10 years, costing ratepayers around $90,000 a year, or $4.50 per rating unit a year. Before any decisions are made about council's existing housing portfolio, the community will be consulted, with more specific information on the impacts for ratepayers and tenants.
October 2025 - Council publishes Strategy for Whanganui
Built on the voices and aspirations of Whanganui people, the Strategy for Whanganui sets five enduring goals to Grow, Build, Protect, Activate, and Celebrate Whanganui. These are a guide to where we as a community want to go and how to get there.
February 2026 - Council Workshop
Planning stakeholder engagement and understanding current portfolio remediation.
February 2026 - Council considers Insights Report and NZ housing system policy settings
Council held a workshop to consider the Insights Report alongside national housing system policy settings. This gave elected members a chance to weigh what the community and the evidence were telling them against a changing national picture before settling on next steps.
May 2026 - Council Workshops
Council considered the options for establishing an entity independent of council, along with information about how it could be funded. This work set the context for the funding options that officers will report back on to inform the Long Term Plan 2027-2037.
June 2026 - Annual Plan funding approved for project to continue
After the Annual Plan was adopted, Council approved investigating the setup of a new housing entity, independent of council. To keep that work moving, Council is adding $500,000 in 2026/27 to support the work needed to establish it.
July 2026 - Council Workshop
Council considered the funding and legal questions involved in establishing an entity independent of council. This work helped Council understand what it would take to set up the entity and how it could be funded and governed.
July 2026 - Council Triennium Priorities set
Council set strategic priorities to shape its council and committee work programmes. One priority is to lead an all-of-council growth and housing response that unlocks development and prioritises safe, warm homes across the housing spectrum. Councillors were also updated on the interest received in future developments and opportunities.
August 2026 - Council Workshop
Council agreed to engage publicly, at the "inform" level, on its proposal to establish a charitable housing trust, independent of council, to grow housing in Whanganui. It also agreed to separate the establishment of the trust from the consideration of funding options. Those funding options will be prepared for consultation through the Long-Term Plan 2027-2037.
August 2026 - Public Information Session
The Mayor updated the community on housing in Whanganui and on how Council is responding, outlining that with the housing system changing significantly across New Zealand, in how homes are built, how infrastructure is funded and who qualifies for social housing support, Council is choosing to act early.
September 2026 - Trustee Recruitment Panel Formed
The Strategy and Policy Committee approved the formation of a Trustee Recruitment Panel to support the recruitment and appointment of trustees for the proposed trust, with the intention that the first trustees will help guide the formation of the entity. The committee appointed independent member Susan Kosmala, Councillors Glenda Brown, Kate Joblin and Mike Hos to the panel.
October 2026 - Recruiting the trust’s founding trustees
Whanganui District Council is seeking founding trustees for a proposed new independent housing entity - built to grow affordable housing options and stand as a lasting commitment to our district's future.
This is a genuine founding role. The trust will have its own deed and its own governance, and the people who take it on will help build something from the ground up - with the scale and mandate to make a lasting difference for generations of Whanganui families.
We're looking for people who bring:
- Governance experience in a complex, regulated, or capital-intensive environment
- Financial and risk judgement suited to a newly established, growth-stage entity
- An authentic understanding of, and commitment to, partnership with mana whenua and Te Tiriti o Waitangi obligations
- Housing, property, social service, or community development expertise
- Commercial acumen - the ability to recognise and develop opportunities, including partnerships with developers
Apply directly to: housingtrustee@whanganui.govt.nz
Applications close: Friday, 13 November 2026
Board Role Description(PDF, 300KB)
October 2026 - Committee received update on housing entity programme
Key reports
Draft trust deed - community housing trust(PDF, 1MB)
Next steps
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November 2026
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Approval of trustees
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December 2026
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Settle trust
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2027
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LTP consultation of council investment in the trust
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