Plans to Unlock Affordable Housing
The Government continues its attempt to
unlock affordable housing across New Zealand, with homes from the KiwiBuild
scheme already on the block in Auckland and new plans to build 10,000 homes as
part of the Mt Roskill redevelopment project. All in all, the Government has
committed $2 billion for KiwiBuild, as it aims to deliver 100,000 "modest
starter" homes for first-home buyers over the next decade. The private
sector is also starting to join the party, with ASB set to provide 95 percent
housing loans to qualified KiwiBuild buyers.
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