Housing for the Elderly

Eligibility Criteria

Applicant(s) must meet all of the criteria within a category.

Category A

1. A single applicant must be 65 years of age or older (being the age eligible for New Zealand superannuation in New Zealand). For a couple, one of the applicants must be 65 years of age or older and the partner must be 60 years or older.
2. For all applicants their only source of taxable income can be from:
   1. New Zealand or Overseas Superannuation
   2. War Disablement Pension
   3. New Zealand Veterans Pension; and
3. The combined value of the applicant’s assets which include cash in the bank, shares, trusts, investments, or any other property of value (excluding furniture, a car or motorbike, personal effects and ownership of Māori land) must not exceed the following figures below:
   1. Single person: $20,000
   2. Couple: $30,000; and
4. All applicants must not have owned a home in the past five years; and
5. Applicants must have been a resident in the South Waikato District for at least five years.

Category B

1. A single applicant must be 65 years of age or older (being the age eligible for New Zealand superannuation in New Zealand). For a couple one of the applicants must be 65 years of age or older and the partner must be 60 years or older.
2. A maximum taxable income of $5,000 in current or previous tax year except for income from:
   1. New Zealand or Overseas Superannuation
   2. War Disablement Pension
   3. New Zealand Veterans Pension; and
3. The combined value of the applicant’s assets which include cash in the bank, shares, trusts, investments, or any other property of value (excluding furniture, a car or motorbike, personal effects and ownership of Māori land must not exceed the following figures below:
   1. Single person: $20,000
   2. Couple: $30,000; and
4. All applicants must not have owned a home in the past five years; and
5. Applicants must have been a resident in the South Waikato District for at least three years.

Category C

1. A single applicant must be 60 years of age or older. For a couple both applicants must be 60 years of age or older.
2. A maximum taxable income of $5,000 in current or previous tax year except for income from:
   1. New Zealand or Overseas Superannuation
   2. War Disablement Pension
   3. New Zealand Veterans Pension; and
3. The combined value of the applicant’s assets which include cash in the bank, shares, trusts, investments, or any other property of value (excluding furniture, a car or motorbike, personal effects and ownership of Māori land must not exceed the following figures below:
   1. Single person: $20,000
   2. Couple: $30,000; and
4. Applicants must have been a resident in the South Waikato District for at least one year.