New Zealand Legislation: Bills

8 Method of assessment

• (1) A territorial authority that decides to assess the need for affordable housing in its district must choose the method by which it does the assessment.

  (2) In choosing the method, the authority must have regard to—

  • (a) the significance of the information it will obtain from the assessment:

  • (b) the costs of obtaining the information:

  • (c) the difficulty of obtaining the information:

  • (d) the extent of the authority’s resources.

  (3) The authority must choose a method that gives the following results for the authority’s district: that include—

  • (a) a description of current housing market trends:

  • (b) a description of the key drivers underpinning the housing market trends:

  • (c) a description of the current balance between price and affordability in the housing market:

  • (d) a description of the current balance between supply and demand in the housing market generally and, if relevant, in different sectors:

  • (e) a description of current housing in terms of size, tenure, and costs:

  • (f) the identification of land available for housing development:

  • (g) an estimate of the number of households that currently need affordable housing and the number that are likely to need it in the reasonably foreseeable future.

  • (h) an estimate of the number of households that currently have particular housing requirements and the number that are likely to have them in the reasonably foreseeable future:

  • (i) a description of the geographical areas in which a need for affordable housing has arisen and is likely to arise in the reasonably foreseeable future.

  (4) The authority must use its best endeavours to make a full and balanced assessment and, for that purpose, may choose a method that gives a result that—

  • (a) is additional to those listed in subsection (3):

  • (b) is reasonable in the circumstances of the authority.

  Compare: 2002 No 84 s 129(1), (3)