Community Housing

Our funds invest in community housing bonds issued by the Community Housing Funding Agency (CHFA) that fund local and regional community housing providers across New Zealand.

Housing is a human right

We believe that housing is a basic human right.


Our funds invest in community housing bonds issued by the Community Housing Funding Agency (CHFA)which provide funding for local and regional community housing providers across New Zealand.


In late 2024 we worked with Community Finance – a nonprofit organisation that provides low-cost finance to NZ's community housing providers (CHP) – philanthropists, Public Trust and other fund managers to find a way to supercharge the financing and building of community homes. This resulted in the launch of the Community Housing Funding Agency (CHFA).


We expect investment in CHFA bonds will provide good risk-adjusted returns, and over time, help CHPs meaningfully increase the number of homes they provide for Kiwis in need.

A good start

Progress so far

$42.9 Million

Community housing bond funding

165

Community homes funded

Our goal

Generate good returns for members, and over the long-term help to fund thousands more community homes nationwide.

Community homes funded

Auckland

134

Waikato

31

As at 28 February 2026

Frequently asked questions

Bonds issued by the Community Housing Funding Agency (CHFA) are classified as NZ Fixed Interest, and are held directly by our NZ Bond Fund and Homes and Income Fund. Most of our diversified KiwiSaver and Investment Funds invest in our NZ Bond Fund have some exposure to community housing bonds.

To see how much of your fund is invested in community housing bonds, look under KiwiSaver or Investment Funds for the fund you're invested in (or interested in investing in!) and then find What this fund invests in. The bonds are part of the New Zealand fixed interest allocation.

You can also see what this would be in dollars and cents by using the Where in the world is my money? calculator on our website and clicking on New Zealand. Look for CORT and CFHB under New Zealand investments.

Or if you're a member, log in to your account and see exactly what you have invested by clicking ‘Where in the World is my money?’ on the main menu.

Community homes are typically built by local community housing providers. They arrange funding with the Community Housing Funding Agency (CHFA), who issue community housing bonds and sell them to institutional investors like Simplicity.

Minutes to join

Grab your IRD number and driver licence or passport, and fill in the form. We’ll do everything else %)