Waipapa Green, Ōmokoroa

We have a large 3.2 hectare site between Pip Way and Tui Glen, and have created a masterplan for 100 homes to be built in five stages over three years.

Construction of the showhome is now underway, and due to be opened in June. Here, buyers will be able to experience the style of home and high quality of construction that can be expected across the development.

The first stage of construction is expected to start from July this year once the earthworks and roading have been completed.

Stage one comprises 22 three bedroom homes, ranging in size from 119m2 to 130m2.

We’ll also have 6 four bedroom homes, generously sized from 141m2 to 146m2 for families that need the extra space.

We are happy to share the details of any homes you are interested in. Our Shared Ownership application process helps us develop an understanding of your household needs, the size of home needed for your whanau, and what is affordable for you.

Most Housing Foundation homes are sold through our Shared Ownership programme to families who are first time buyers. A small number of our homes will be offered on the open market to owner occupiers. We do not sell our homes to investors.

With Housing Foundation’s Shared Ownership programme, you purchase a majority share of the home and we buy the rest. Over time, and as you can afford it, you buy our share out until the home is entirely yours.

Our Shared Ownership homes are available to first home buyers who meet our application criteria. Families must be working, and have a combined income of between $80,000 and $110,000 per year. You will need a deposit of over $40,000, which can come from your KiwiSaver funds. It’s also important that you have low or manageable debt. See our website for the full details or contact our Support Household Manager today.

Yes, Housing Foundation do sell a small number of new homes on the open market to buyers who intend to live in the home. You’ll just need to arrange your own bank finance. Talk to us about this option – we’ll be happy to help.

The Housing Foundation is not offering a Rent To Own programme in the Ōmokoroa development, however this may be available in future Bay of Plenty developments.

No. Investors are not able to buy Housing Foundation homes. We are a charitable organisation commited to helping first time home buyers.

All the homes are freehold title. There is no Body Corp involved. However, a Residents’ Association will be set up with responsibility to maintain the common areas creating a vibrant and connected community.