Priority three

About us

Innovate in the development and delivery of services

The key performance indicators and supporting indicators of this priority relate to the Corporation's mandate regarding land and property development, and providing assistance to help people understand the financial commitment and skills required to undertake and maintain home ownership. Additional performance information is provided from indicators detailed in the Corporation's output agreement with the Minister of Housing.

Key performance indicators

Implement the Maori Strategic Plan

Performance indicator	Measure	Actual	Variance
Implement the Maori Strategic Plan	Key initiatives from the Maori Strategic Plan implemented by 30 June 2008	Not achieved	-

Although a number of key initiatives were progressed, overall implementation of key initiatives from the Maori Strategic Plan was not achieved. The need to build the Corporation's capacity resulted in delays in implementing key initiatives for 2007/08 (refer to implementing the Maori Strategic Plan on this page).

Assisting households into home ownership

Performance indicator	Measure	Actual	Variance
Assist households into home ownership	925-1,130 households assisted through lending and insurance services	716	(209)

This indicator is a combination of the Mortgage Insurance Scheme (Welcome Home Loans) indicator and Low Deposit Rural Lending indicator (see over).

Supporting indicators

Hobsonville project

Performance indicator	Measure	Actual	Variance
The Hobsonville project will be implemented through the meeting of key planning milestones	Milestones achieved	Achieved	-

The key planning milestones were achieved (refer to the Hobsonville Land Company 2007/08 sustainability report on this page).

Key principles underpinning the Maori housing situation

Performance indicator	Measure	Actual	Variance
Consider the key principles underpinning the Maori housing situation	Key principles identified and responses incorporated into the Maori Strategic Plan	Achieved	-

Home Ownership Education programme

Performance indicator	Measure	Actual	Variance
Provide a Home Ownership Education programme	4,000-5,000 participants	5,000	-

Offer a Mortgage Insurance Scheme

Performance indicator	Measure	Actual	Variance
Offer a Mortgage Insurance Scheme	900-1,100 loans underwritten	690	(210)

The Mortgage Insurance Scheme target was not achieved. The lower uptake of settled loans was due to high house prices and a substantial slowdown in the housing market (refer to the Welcome Home Loan scheme on this page).

Low Deposit Rural Lending

Performance indicator	Measure	Actual	Variance
Number of low deposit rural loans approved	25-30	26	-

Shared Equity scheme

Performance indicator	Measure	Actual	Variance
Develop systems and processes to enable the Government to introduce a Shared Equity scheme	Shared Equity implementation completed by 30 June 2008	Achieved	-

The Shared Equity scheme was introduced on 1 July 2008.

Additional performance information

Capacity building for Pacific peoples

Performance indicator	Measure	Actual	Variance
Capacity building for Pacific peoples - estimated number of participants receiving support	60-100	144	44

Capacity building for Pacific peoples was exceeded. Service providers were able to provide capacity building to additional participants despite the appropriation for this programme being underspent.

Low Deposit Rural Lending education and support

Performance indicator	Measure	Actual	Variance
Estimated number of Low Deposit Rural Lending education participants receiving support	400-500	453	-

Essential repairs suspensory loans - Northland, East Cape and Eastern Bay of Plenty

Performance indicator	Measure	Actual	Variance
Total number of loans approved for essential repairs in the Northland, East Cape and Eastern Bay of Plenty regions.	240-280	215	(25)

The number of approved essential repair suspensory loans was not achieved. The measure set at the beginning of the financial year assumed that all business cases would be completed by April 2008. The combination of business cases being approved late in the financial year and the time required to issue code compliance certificates for completed projects reduced the number of projects that could be assessed as being completed.

Rural Housing Programme

Performance indicator	Measure	Actual	Variance
Total number of households assisted for infrastructure in rural areas	Assisting 40-60 households for infrastructure in rural areas	42	-

New Zealand Fire Service - smoke alarms

Performance indicator	Measure	Actual	Variance
Estimated number of homes visited	5,000 homes visited	4,477	(523)
Estimated number of smoke alarms installed	12,500 fire alarms installed	12,995	495

The number of homes visited was not achieved. The shift towards in-home fire safety education mid-year created slight under-achievement of the homes visited target. However, despite the lower-than-anticipated number of visits, the number of fire alarms installed was exceeded.

Lending assistance for non-weathertight homes

Performance indicator	Measure	Actual	Variance
Delivering lending assistance for non-weathertight homes	Approving and accepting 40-60 home loans and guarantees for non-weathertight homes	18	(22)

The total number of loans settled during the year was not achieved. The number of loans issued is dependent on the number of applications received that meet the criteria. The measure is for a two-year pilot. The appropriation is allocated to enable continued delivery in 2008/09.

Rural Housing Programme - housing assistance

Performance indicator	Measure	Actual	Variance
Total number of suspensory loans for essential repairs for rural-rollout areas	Approving 60-65 loans for essential repairs	74	9

Funding for community agencies

Performance indicator	Measure	Actual	Variance
Funding distributed to community agencies	<=55% of Community Group houses will receive rent support	46%	-