INDEPENDENT NEWS

Horowhenua New Zealand Trust hits milestone

Published: Thu 8 Aug 2019 08:50 AM
The Horowhenua New Zealand Trust has today announced that a proposal to purchase three lots of unutilised land for development into a business park has been accepted by the Horowhenua District Council, and resource consent has been granted.
Chair of the Horowhenua New Zealand Trust, Cam Lewis, said that the proposal, which keeps community assets in community ownership, is a significant milestone for the Trust.
“This is a tangible opportunity that will make a difference to the social and economic wellbeing of our community both now and in the future.
“Most importantly, the community has retained ownership through the Trust, with profits from the business park development to be reinvested for the benefit of our sole beneficiaries - the people of Horowhenua.”
The Trust, which was established in 2018 by five inaugural trustees, has a conditional agreement in place with a national anchor tenant that is looking to move to the district, as well as discussions with local companies who have outgrown their current premises.
“We want to make a genuine difference for our community, by creating jobs, focusing on improving wellbeing, and supporting projects that really matter to our community. The purchase and subsequent development of this land is a first step in providing the Trust with the financial resources that we need to do this for many years to come.”
For more information about the Horowhenua New Zealand Trust, please head to www.hnzt.org

Next in New Zealand politics

New Investment Creates Over 2000 Jobs To Clean Up Waterways
By: New Zealand Government
David Clark resigns as Health Minister
By: New Zealand Government
Green Party Proposes Transformational Poverty Action Plan
By: Green Party
New protection for dolphins
By: New Zealand Government
Auckland water consent referred to Board of Inquiry
By: New Zealand Government
A New Firearms System Focused On Safety
By: New Zealand Government
Labour will extend loan scheme 'lifeline' for small business - PM
By: RNZ
Details of active Covid-19 cases leaked in privacy breach
By: RNZ
Winston Peters on EU travel: 'We're not going to compromise our country's health'
By: RNZ
Infrastructure Investment To Create Jobs, Kick-start COVID Rebuild
By: New Zealand Government
Government Strengthens Managed Isolation System
By: New Zealand Government
ACT Announces List For 2020 General Election
By: ACT New Zealand
Cash Boost For Wairarapa Waterways
By: Marcus Anselm - Local Democracy Reporter
Waikato Gets $5.5 Million In Funding For Quick-start Projects To Improve Fresh Water
By: Waikato Regional Council
Greater Wellington Wetland And Rivers Get $10 Million Boost
By: Greater Wellington Regional Council
View as: DESKTOP | MOBILE © Scoop Media