Housing has the potential to connect, grow and strengthen communities. The Ted Manson Foundation will now be a part of this. The Foundations aim is to provide long term housing to those New Zealanders who are struggling. We want to provide robust, safe, warm, healthy homes with long term security.
Teds vision is to form a long-lasting partnership with the Ministry of Housing and Urban Development, different Community Housing Providers and like minded agencies to house those people most in need. The biggest demand for Community Housing are 1b and 2b units and 5b houses. The TMF will concentrate on building 1b and 2b apartments. The TMF will provide the money and time to find and purchase land, work through the design process, obtain the necessary consents, and then build the apartments to be used for Community Housing. The location of these developments will generally be West and South Auckland given the high demand in these areas. These sites will be strategically chosen for their proximity to public transport, (buses and trains), the open space network as well as proximity and access to services, goods and employment opportunities.
Ted Manson with the Foundation and Mansons TCLM will use its 44 years of expertise, knowledge and understanding of the residential market in Auckland to make this happen. The Foundation will work with Community Housing Providers who understand the needs of the community while providing their wrap around services and also providing a tenancy management role upon completion.
Ted Manson Foundation has two divisions:
• The Ted Manson Charitable Trust - a registered charitable trust into which Ted Manson donated $7.5m in 2014 which is invested to generate returns to ensure an enduring source of funds for the many community initiatives it donates to.
• Ted Manson Foundation Limited - the vehicle through which the community housing projects are delivered.