Housing Minister Chris Bishop attended the opening of a social housing complex near Dunedin's waterfront on Thursday.
Mr Bishop said the conversion of a heritage building into a social housing complex was "one of many" approaches needed to address the country’s housing crisis.
He said he could not be more impressed by the conversion of the Heritage New Zealand category two-listed former Loan and Mercantile building into a space which would house 30 apartments for low-income tenants on the Housing Register.
"People should be really proud of what they have done here."
It was the brainchild of Dunedin developer Russell Lund, and has taken years to complete.