Back to back positive trading years for Trust House Group has the organisation well placed to navigate challenges caused by the Covid-19 pandemic and an ageing housing stock.
In response to the economic and social impact of the Covid-19 lockdown Trust House has put a freeze on planned rent increases and introduced other additional support for tenants.
Trust House is to spend $2.2million on Copthorne Hotel & Resort Solway Park in Masterton, an investment that will reap rewards for the Wairarapa tourism sector, says Chief Executive Allan Pollard.
Notable highlights in the Trust House Group 2017-18 Annual Report represent a successful transformation of the community-owned organisation.
Recording a near $10 million group surplus, the latest financial year has been very positive for the Trust House Group.
Trust House Ltd is responding to a growing shortage of affordable housing in Wairarapa, with a building project that got underway last month.