Govt approves extra housing for Tauranga & WBOP

The housing contracts have been approved as part of new measures to build affordable housing in NZ.

More housing is set to be built in Tauranga and Omokoroa.

The government has approved more contracts with non-for-profit providers to develop 183 new homes across the country.

The Doing Good Foundation has had 11 homes approved in Tauranga.

NZ Housing Foundation is set to build 145 homes across Mangere, Papatoetoe and Ōmokoroa.

The remaining homes will be built in Waipā, Palmerston North and Queenstown.

The new homes are part of the government's measures to build more affordable houses in the country.

First home buyers and renters are set to benefit from measures getting underway to support more new affordable homes for people and their whānau, says Housing Minister, Dr Megan Woods.

Woods says the initiatives to get new housing underway is starting to work.

'We're seeing the green shoots of change with a busy construction sector and record numbers of residential building consents – a 66 per cent increase since 2017.

'Our investment in infrastructure like pipes and roads to enable new housing is starting to roll out, and urban development changes we've made to allow more homes to be built is seeing a big increase in new developments.”

Woods says the initiatives she's announced this week will continue the 'strong pipeline of building activity and support thousands of jobs, resulting in more affordable homes for first home buyers, as well as for renters on low to moderate incomes”.

She says not-for-profit groups looking to develop new rental homes for households on lower incomes that stay affordable over the long-term, can start the application process for the first tranche of funding available from the $350 million Affordable Housing Fund announced in Budget 2022.

Housing Minister, Dr Megan Woods. Photo: RNZ.

The first $50 million of this fund is targeted to rental developments for lower income people who cannot afford a market rent but can't access public housing.

Woods says this will make projects to develop and sustain new affordable rental housing financially viable.

'We're making it available in areas with high need for affordable rentals including:

-Auckland

-Tauranga-Western Bay

-Rotorua

-Napier-Hastings

-Wellington metro (including Wellington, Porirua, Lower Hutt, Upper Hutt and Kapiti), and

-Nelson-Tasman.

'Our Progressive Home Ownership Fund is giving people who would not otherwise be able to own their own homes, the chance to do so with support like budgeting training and getting a deposit together.

'We have approved more contracts with not-for-profit providers to develop another 183 new affordable homes across the country

'We're also keeping up the momentum of KiwiBuild developments by ensuring the rising costs facing the construction sector are addressed through price cap changes, along with changes to income caps to keep pace with the market.

'Another important change is allowing exemptions for price caps for larger family groups and for those with accessibility needs.

'These changes will allow developers and Kāinga Ora to deliver more KiwiBuild homes, as well as other market homes that we'll expect to see on the ground in 2023/24.”

In a nutshell

-Affordable Housing Fund - first round opens

-Progressive Home Ownership Fund - 183 more homes

-KiwiBuild:

-price caps adjusted to maintain construction momentum

-income caps lifted for two or more buyers - $200,000.

-new income cap for single buyers with dependents - $150,000.

-price cap exemptions for housing larger families and those with accessibility needs.

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1 comment

Seems a bit...'odd'...

Posted on 21-07-2022 20:36 | By groutby

...that Dr (of NZ history) Woods has chosen or at least agreed to, Omokoroa as a place for affordable homes...perhaps there is abundant government land there available, but I would be sure there are many other locations where land is not anywhere near as expensive thus making it possible for many more residences to be built for the same or lesser cost?..also, if I may assume these homes will be largely available to those on a restricted income, that public transport is surely nearly non existent in such a location?..with perhaps limited amenities and the absolute need for the occupiers of additional expense for private transport...just seems a little short sighted....


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