The committee will be asked to recommend the council investigate and develop a business case for establishing a community housing trust, noting that any resulting proposal may require wider community consultation.
The council's pensioner units are in Ngongotaha, Fenton Park, Glenholme and Westbrook and are worth slightly less than $10 million.
A large number of those units are bedsits with the remainder one-bedroom units.
Each unit has its own kitchen and bathroom facility and all are fitted with smoke alarms.
According to the report the council has already canvassed views from a range of organisations, including Te Tatau o Te Arawa, Pukeroa Oruawhata Trust, Ngati Whakaue Tribal Lands Incorporation, Ministry of Social Development, Te Arawa Whanau Ora, real estate and property investors and non-government organisations.
The council would not respond to questions about whether any of those organisations had expressed interest in a housing partnership, saying staff would not comment until after the issue had been discussed by councillors.
But, the report also stated "a contractor recently engaged on our behalf met with a number of potential partners including iwi trusts, who indicated strong interest in a partnership approach".
"If council were to partner with other organisations to form a Community Housing Provider status Trust, this would provide an avenue to finance and increase the number and quality of social housing for older people in Rotorua.
"Such a trust could potentially umbrella further social housing collaborative work," the report stated.
The meeting starts at 9.30am in the council chamber and is open to the public.
Council-owned community pensioner housing in Rotorua
- 66 flats in Lucas Pl
- 62 flats in the Rawhiti complex off Miller St
- 4 flats on Osiris St
- 2 flats on Thebes St
- 3 flats on Pharaoh St
- 8 flats on Dawson Dr
- 7 flats on Domain Ave
