William Street, Richmond - Progressive Home Ownership

• 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. 

• Initial renting period to build a deposit
  over 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.