Governance roles open for Toi's Taranaki housing fund

TL;DR

Toi Foundation seeks a chairperson and three directors for the new Taranaki Regional Housing Fund board.
Roles offer $30,000 for chair and $15,000 each for directors, with applications closing April 17, 2026.
Fund targets housing gaps like small homes and alternative tenures to boost affordability in Taranaki.

The story at a glance

Toi Foundation, a Taranaki philanthropic group, has opened applications for governance roles on its new Taranaki Regional Housing Fund board.[[1]](https://www.thepost.co.nz/nz-news/360987022/governance-roles-open-tois-new-taranaki-housing-fund)[[2]](https://www.hokimaikitaranaki.co.nz/singlejob/174) The article covers the chairperson and three director positions, needed to guide investments despite ample land supply. This comes as the fund prepares to launch by July 1, 2026.

Key points

Board governs a limited partnership's general partner, which will identify, assess, and invest in housing projects balancing social impact and financial returns.
Remuneration set at $30,000 for chairperson and $15,000 per director annually.[[1]](https://www.thepost.co.nz/nz-news/360987022/governance-roles-open-tois-new-taranaki-housing-fund)
Three-year terms, with board meetings 6-8 times a year for about 3 hours each, held in Taranaki or via video.
Key skills needed: housing market knowledge in Taranaki, investment expertise, strong ties to iwi and community sectors, governance experience.
Applications close Friday, 5pm, April 17, 2026; send letter and CV to eoi@toifoundation.org.nz.
Fund addresses unmet demand for 1-2 bedroom homes and non-standard rental/ownership options, recycling capital for ongoing use.[[2]](https://www.hokimaikitaranaki.co.nz/singlejob/174)

Details and context

Toi Foundation leads the fund's setup as part of its work to support Taranaki's wellbeing through grants and partnerships with iwi and community groups.[[3]](https://nz.linkedin.com/jobs/view/1-x-chair-3-x-directors-at-toi-foundation-4391187761) While land is sufficient, the region lacks variety in housing types and tenures, creating equity and affordability issues.

The board will refine processes in the fund's early "start-up" phase, backed by admin, impact, and investment advisors.

This builds on Toi Foundation's housing efforts, like establishing the Taranaki Housing Initiative Trust in 2023 with local partners.

Key quotes

"While land supply is sufficient to meet demand, Taranaki faces persistent gaps in housing typology and tenure - including strong unmet demand for 1–2 bedroom homes and alternative pathways beyond standard rental and ownership models."[[2]](https://www.hokimaikitaranaki.co.nz/singlejob/174)

Why it matters

The fund could ease Taranaki's housing shortages by funding targeted projects, aiding lower-income families and diverse needs. For locals and developers, it means new investment options focused on small homes and innovative tenures, with board roles offering paid community impact work. Watch for appointees and first investments after July 2026 operations start, though project success depends on applications and market conditions.