“Our Home for Life plan is about giving more New Zealanders a fair shot at owning their own home – even when the market’s stacked against them,” said Mrs Turei.

“Building more houses that people can actually afford to buy is a critical part of solving the housing crisis.

“Our progressive ownership model will help to make the home ownership dream a reality for people who are locked out of the market right now because they can’t afford a deposit or a normal commercial mortgage.

“We’re also going to make sure the community housing sector has the finance and political support they need to drive their important work.