The Treasury

Global Navigation

Personal tools

Government
Publication

Budget 2011 Home Page Estimates of Appropriations 2011/12

Vote Housing

MINISTER(S) RESPONSIBLE FOR APPROPRIATIONS: Minister for Building and Construction (M9), Minister of Housing (M37)

ADMINISTERING DEPARTMENT: Department of Building and Housing

MINISTER RESPONSIBLE FOR DEPARTMENT OF BUILDING AND HOUSING: Minister for Building and Construction

Overview of the Vote

The Minister for Building and Construction is responsible for appropriations in the Vote for the 2011/12 financial year covering the following:

  • A Multi-year Appropriation (MYA) was established from 1 July 2010 to provide for flexibility in planning on delivering regulatory and control services for the building industry under the Building Act 2004 and related consumer information. A total of just under $50 million has been appropriated for a three year period. It is expected that just over $16 million will be spent in 2011/12, leaving a balance of just under $16 million for the remaining year within the three year MYA.
  • A Multi-year Appropriation (MYA) was established from 1 July 2010 to provide for flexibility in planning on developing, implementing and maintaining registration and licensing regimes for building practitioners and electrical workers. A total of just over $27 million has been appropriated for a three year period. It is expected that just under $10 million will be spent in 2011/12, leaving a balance of just under $9 million for the remaining year within the three year MYA.
  • A total of just under $8 million on providing policy advice on the building and housing sector in New Zealand.
  • A total of just under $53 million on providing assessment and dispute resolution services under the Weathertight Homes Resolution Services Act 2006 and the administration of the financial assistance package. A total of just over $1 million on unwinding the discount rate for the net present value calculation of the direct payments contributions and the payments under the loan guarantees.
  • A Multi-year Appropriation (MYA) was established from 1 July 2010 to provide for flexibility in planning on expensing the guarantee fee subsidy under the Weathertight Services loan guarantee scheme. A total of just over $13 million has been appropriated for a five year period. It is expected that just under $1 million will be spent in 2011/12, leaving a balance of just under $13 million in total for the remainder of the five year period.
  • A total of just over $4 million on departmental capital expenditure.

The Minister of Housing is responsible for appropriations in the Vote for the 2011/12 financial year covering the following:

  • A total of just over $3 million arranging and managing Canterbury earthquake temporary accommodation response and just under $10 million for operating costs associated with running the scheme.
  • A Multi-year Appropriation (MYA) was established from 1 July 2010 to provide for flexibility in planning on providing services under the Residential Tenancies Act 1986, including advice and guidance, dispute resolution and the administration of residential tenancy bond monies. A total of just over $67 million has been appropriated for a three year period. It is expected that just over $22 million will be spent in 2011/12, leaving a balance of just under $24 million for the remaining year within the three year MYA.
  • A total of just under $1 million on providing purchase and performance monitoring advice to Government in relation to social housing.
  • A total of just over $2 million on contracted housing support services.
  • A total of just over $15 million on purchasing housing support services.
  • A total of just over $1 million for the management of Crown owned properties.
  • A total of just over $587 million on purchasing of housing and related services for tenants paying income related rent to Housing New Zealand Corporation.
  • A total of just under $2 million on housing assistance payments.
  • A total of just over $5 million on KiwiSaver deposit subsidy.
  • A total of just over $4 million on the community housing rent relief programme.
  • A total of $5 million on the provision for doubtful debts on Income Related Rent Debt.
  • A total of just over $43 million for Wellington City Council Social Housing Assistance.
  • A total of just under $204 million on capital expenditure, which includes debt refinancing of just over $175 million.

Details of these appropriations are set out in Parts 2-6 for Vote Housing in the Information Supporting the Estimates of Appropriations.

Page top