A programme aimed at empowering people with financial education in readiness for home ownership has received a financial boost from a charitable trust.
Booster Foundation, a charitable trust created and funded by Booster Financial Services, has given $70,000 of funding to the Levin-based Te Whenua Group to help develop its He Whare Tōnui pilot programme.
Māori people are disproportionately affected by housing instability, with a significant portion moving frequently due to rental circumstances – something Te Whenua Group aims to change, addressing these disparities by providing a stable foundation for home ownership.
The He Whare Tōnui pilot programme will empower participants with financial education and home ownership skills within a tikanga Māori framework, and the funding from Booster Foundation will help get the programme going, said Te Whenua Group kaiwhakahaere matua/founder Kushla Okano.
Okano said feedback shows there is demand for the programme, set to launch later this year.