homes targeted for delivery across current funds
Impact Housing Funds
Invest in housing with purpose to deliver returns and impact.
We manage a portfolio of housing funds that deliver strong returns while creating climate-resilient homes and inclusive communities across Aotearoa. Explore The New Zealand Housing Fund, our flagship nationwide fund, to see this impact in action.
Our Impact
target annual return
(pre-tax, net of fees)
presold projects with fixed-
price construction contracts
Fund Options
The New Zealand Housing Fund
Designed to hold a portfolio of established social and affordable housing for at-need families across Aotearoa New Zealand.
Fund details
Housing Development Fund
Designed to hold a portfolio of established social and affordable housing for at-need families across Aotearoa New Zealand.
Fund details
Church & Communities Land Fund
Supports churches and community landowners to partner with investors and unlock land for affordable, social, and market housing in Aotearoa New Zealand.
Fund details
Frequently Asked Questions
All Home Capital Partners funds are currently only open to wholesale investors as defined under the Financial Markets Conduct Act 2013. These opportunities are not available to retail investors.
- Fund 1 – Housing Development Fund: 15% p.a. (pre-tax, net of fees).
- Fund 2 – Church & Communities Land Fund: 8% p.a. (pre-tax, net of fees).
- The New Zealand Housing Fund: 10–12% p.a. (pre-tax, net of fees).
Each fund balances consistent financial performance with long-term social impact.
The minimum investment is NZD 100,000 for wholesale investors. Further commitments are usually in multiples of NZD 50,000, though smaller amounts may be accepted at the Board’s discretion.
Funds are managed by an experienced team with expertise in finance, development, and impact investment. Oversight includes an independent Chair, a Board of Directors, and a dedicated Investment Committee. Regular audits and transparent reporting are provided to all investors.
Investors should expect a medium- to long-term horizon.
- Housing Development Fund and Church & Communities Land Fund: rolling five-year cycles.
- Social & Affordable Housing Fund: long-term (up to 20 years) with liquidity options at set intervals.
As with all property-based investments, risks include:
- Market fluctuations and interest rate changes.
- Liquidity constraints (real estate is not easily converted to cash).
- Construction, tenancy, and project-specific risks.
- Regulatory or policy shifts.
Full risk disclosures are provided in the Information Memorandum for each fund.
You can pre-register your interest for any fund through our website or contact our CEO directly:
James Stewart
Chief Executive Officer
james.stewart@homecapital.co.nz
+64 275 891 678
As Aotearoa’s first fund of its kind, the New Zealand Housing Fund offers investors the opportunity to support climate-resilient homes and stronger communities across the country.
Explore the Fund