Feature article
Breaking the rental cycle — a real rent-to-own story
How Holly secured a home for her whānau through Habitat for Humanity’s rent-to-own programme
Last updated: 4 March 2025
AI summary
A Waikato whānau is breaking the rental cycle through Habitat for Humanity's Progressive Home Ownership programme. This rent-to-own pathway helps families build a deposit by paying rent based on 30% of their income, with the home's price locked in for five years.
Key requirements included overcoming financial hurdles and completing 500 hours of 'sweat equity' volunteer work. The programme provides the security and financial education needed to secure a mortgage, creating a new legacy of homeownership for future generations.
From roadblocks to possibilities
Breaking a generational cycle
Rent-to-own makes it possible
Only the first step on the property ladder
Discover More
Whitby: walkways, water views and the “golden half hour”
Planned in the 1960s and still growing, Whitby offers lakes, walkways and homes for every budget near Wellington.
A 132-year-old Otago church could be yours for $179k
A 132-year-old Otago church with Gothic Revival architecture is for sale for $179,000 near Middlemarch.
Search
Other articles you might like
