Buying guide

Kāinga Ora First Home Partner Scheme explained

Need a hand buying a home? Kāinga Ora may be able to help.

Ben Tutty
Last updated: 8 March 2025 | 4 min read
AI

AI summary

The Kāinga Ora First Home Partner scheme is a shared ownership option for first-home buyers who can service a mortgage but lack a full deposit. Kāinga Ora contributes up to 25% or $200,000 towards a brand new home, which you buy back over time.

Key eligibility includes:

- A household income under $130,000

- A minimum 5% deposit

- Being a first-home buyer

You must aim to purchase Kāinga Ora's share within 15 years. The scheme is currently fully subscribed.

What is the First Home Partner Scheme?

To be eligible for First Home Partner you must:

How to apply

Need a hand buying your first home?

The First Home Partner Goals Management Programme

Your obligations as part of the First Home Partner Scheme

A little help can go a long way.

Before you apply

Author

Ben Tutty Ben Tutty
Content Writer