"I was particularly pleased at the number of EOI respondents with the capability, understanding and motivation to deliver a better service for tenants," he said.
"The Government is changing the social housing system because we want it to be aspirational instead of generational," Social Housing Minister Paula Bennett said.
"We expect the community housing sector should work with financiers and asset managers to share expertise and figure out innovative new ways of providing housing for our most vulnerable. Those on the shortlist have been thinking creatively and seriously about how to do this."
Those shortlisted will now proceed to the next stage in the procurement process, Request for Proposals, which will close on 30 May for Invercargill and 7 June for Tauranga.
The Government expects to announce the preferred bidder for each region in the third quarter of this year.
Further details about the Social Housing Reform Programme are available here; www.treasury.govt.nz/statesector/socialhousing