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William Street, Richmond - Progressive Home Ownership

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15 Jan 2026
William Street - concept hero

10 home development in Richmond

  • Mix of 2, 3 and 4 bedroom homes
  • Private outdoor space
  • Communal pocket playground for children
  • 1 parking space per home
  • Completion expected in mid 2027
  • Partner families to be selected late 2026

Habitat for Humanity Nelson is in the process of building a ten-home development in Richmond, Tasman. The homes are part of our rent-to-buy programme. Partner families will be selected in late 2026 following an application process. The eligibility criteria for applying is listed on the following page. This list is a guideline for your application to progress to acceptance.

Progressive Home Ownership is a rent-to-buy programme. Habitat partners with families on a pathway from renting their home to completing the purchase after five years.

  • Gross household income approx $100,000 to $150,000
  • Priority given to applicants with children
  • Initial renting period of 4 to 5 years
  • Rent, minus costs, counts towards a deposit
  • Habitat deducts costs over the tenancy period including property rates, insurance, maintenance and interest
  • After 5 years, the family can purchase the house outright, or enter a Long Term Sale & Purchase Agreement with Habitat
  • Final sales price fixed at ‘Year 1’ value 375 hours of ‘sweat equity’ is a programme requirement, to be completed during the tenancy period and will include attending financial training workshops and volunteer work with Habitat
Construction underway on Habitat Nelson’s Richmond development, showing framed townhouses, scaffolding and excavators on site under a clear blue sky
Site progress March 2026

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