wage subsidies

PHOTO: New Zealand money. Source: istock.com

One Auckland property management company has been paid more than $12 million to house the homeless over the past 18 months.

But it also managed to get more than $50,000 in wage subsidies – with the Ministry for Social Development now looking into a formal complaint made about the money.

As the country scrambled into Level 4 lockdown back in March, making sure everyone had a place to stay was a priority.

Housing Minister Megan Woods announced $107 million to house rough sleepers during and after the pandemic

That money added to Ministry for Social Development funds already flying out the door to house the homeless.

Among the recipients was Silver Fern Property Services – an Auckland property management company which teed up accommodation for people in private rentals.

Between January 2019 and the end of June 2020 it received more than $12 million in payments.

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