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Ownership of pensioner housing
Should council transfer ownership of part or all of its pensioner housing complexes?
The council currently provides social housing for elderly people with modest financial means.
Council is considering whether it should continue to provide social housing at this level over the next 10 years, or look at opportunities to transfer ownership of part or all of the complexes to charitable organisations.
Advantages of transferring ownership of pensioner housing
Disadvantages of transferring ownership of pensioner housing
- Council is not a specialist provider for this type of housing. There are other charitable organisations that specifically work in this area and are able to provide affordable housing combined with an increased range of services.
- The council may lose money if it is required to refurbish pensioner housing complexes.
- The council would gain a substantial income from the sale of pensioner complexes which could be used for repayment of debt.
- There is no guarantee that affordable housing for the elderly will be provided in the future within Wanganui.
- Council would not accept a social responsibility for housing the elderly.
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