Te Pākau Maru

Te Pākau Maru
Developed by the Housing Development Fund
Held by The New Zealand Housing Fund
New Brighton, Ōtautahi Christchurch
$38m Mixed-Tenure Housing Development
63 High-Quality Terraced Homes (1–4 bedrooms)
First Stage Completed March 2025
Te Pākau Maru is a $38m mixed-tenure development in New Brighton, Ōtautahi Christchurch. Featuring 63 terraced homes, it prioritises affordable rentals, progressive home ownership, and sustainability, with the first stage completed in March 2025.
“As a single mum, it’s been amazing knowing exactly what I’m paying and that I can meet those weekly payments—it’s given me real peace of mind and more time with the girls. The house is super warm, super dry, and affordable. Every morning, they run in and jump on the bed for a cuddle. It’s the perfect place for us—and it really feels like a supportive little community." - Resident
Via Ministry for Pacific Peoples grant
80% of market rate, via Ministry of Housing and Urban Development scheme
Priority for first-home buyers
Home Capital Partners
Christchurch City Council & ChristchurchNZ
Ministry of Housing and Urban Development
Kāinga Maha (land acquisition to delivery)
Energy-efficient Design
Thoughtfully planned to maximise energy efficiency, using durable low-impact materials and minimising carbon emissions.
Homestar-7 Rated
Built to a certified Homestar 7 standard for improved health, comfort, and sustainability.
Energy Savings
Homes at Te Pākau Maru use around 34% less electricity, saving residents approximately $800 per year on average. Source: NZGBC, May 2025
Safe, secure housing at scale
Te Pākau Maru has supported housing for 42 households (approx. 114 people), with a projected total of 63 households (approx. 171 people) by mid-December 2025—offering stability and security for low- and middle-income whānau.
Improving access through affordable rent
Homes are offered at 80% of market rent, making secure, long-term housing more attainable for families who might otherwise be priced out of the private rental market.
Pathways to ownership
Through the Progressive Home Ownership model, families purchase homes with only 65% mortgage financing, thanks to a 35% upfront contribution from Home Capital Partners—supporting long-term housing security and financial resilience.
Boosting local jobs and skills
The development supported around 345 workers, including 87 build partners and subcontractors. With a strong focus on local procurement, the project helped grow skills, strengthen the regional construction sector, and keep investment within the community.





With fixed-price builds, government-backed leases, and presold developments, our investment structures are designed for stability. But their greatest strength lies in the communities they create—safe, connected neighbourhoods that lift people up while delivering returns.
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