Housing Infrastructure Fund

Last updated: 23 June 2026 The Housing Infrastructure Fund (the Fund) is a $1 billion fund that provides 10-year interest-free loans to selected councils in high-growth areas so they could bring forward the development of transport and water infrastructure required for new housing — especially where financing issues were holding up development. For some loans, the funding is split between a loan directly to the council, and a loan to the National Land Transport Fund (NLTF).

The HIF was established in 2018 and provided loans to support nine project packages across five councils. As part of their loan conditions, projects are required to meet staged deadlines across the lives of their projects. In mid-2025 some projects had access to the remainder of their loans removed, meaning that no further funds could be drawn down, as a result of not meeting project deadlines.

Projects funded

Hamilton City Council

Approved loan amount

Council share 

NLTF share

Purpose of the loan

Number of houses enabled

Details

Status

$290.4 million

$180.3 million

$110.1 million

A new residential development at Peacockes in Hamilton

8,100 houses

Infrastructure for this project involves construction of a new bridge over the Waikato River, arterial roads and wastewater and water supply mains.

Fully drawn down.

Tauranga City Council

Approved loan amount

Council share 

NLTF share

Purpose of the loan

Number of houses enabled

Details

Status

$51.8 million

34.15 million

$17.65 million 

Upgrade to the Te Maunga Wastewater Treatment Plant

Combined - 35,000 houses across Tauranga City

This upgrade is to provide additional treatment capacity.

Fully drawn down.

$105.9 million

$105.9 million

N/A

A new ‘Waiari’ water treatment plant

Combined - 35,000 houses across Tauranga City

This will be Tauranga’s third water treatment plant, providing additional supply by drawing water from the Waiari Stream near Te Puke. Tauranga's existing water supply is operating at around 97% of its capacity.

Fully drawn down.

$96.1 million 

$34.15 million 

$61.95 million 

A grade separated interchange in the Te Tumu Growth Area. 

3780 houses in Wairakei + 6,000 in Te Tumu Growth Area 

This interchange will connect State Highway 2 - Tauranga Eastern Link, with a new growth area at the eastern end of Pāpāmoa (known as Wairakei), enabling the construction of a new town centre and additional housing in Wairakei following its completion. 

Ongoing.

Waikato District Council

Approved loan amount

Council share 

NLTF share

Purpose of the loan

Number of houses enabled

Details

Status

$38 million

$38 million

N/A

Residential development at Te Kauwhata

2,790 houses

Infrastructure for this project will include upgrading the water supply and a new wastewater treatment plant and reticulation network.

Partially drawn down. No longer eligible for further drawdowns.

Queenstown Lakes District Council

Approved loan amount

Council share 

NLTF share

Purpose of the loan

Number of houses enabled

Details

Status

$36 million

$36 million

N/A

A new residential development at Kingston

950 houses

Infrastructure for this project involves constructing new three water infrastructure including a bore water supply with a new treatment plant and associated network, a new wastewater treatment plant and associated collection network and a new stormwater network.

Ongoing.

$16.1 million

$11.6 million 

$4.5 million 

A new residential development at Quails Rise South, Queenstown

900 homes

Infrastructure for this project includes a water reservoir and supply mains, wastewater mains and stormwater mains, bus shelters, pedestrian/ cycleway underpass and an arterial road connecting to SH6.

Partially drawn down. No longer eligible for further drawdowns.

$24 million 

$17.5 million

$6.5 million 

Extends existing development and supports the Frankton commercial centre. 

1100 homes 

Infrastructure for this project includes water supply reservoirs and mains, stormwater and wastewater mains, and a new roundabout (SH6/Howards Drive) for Ladies Mile.

Partially drawn down. No longer eligible for further drawdowns.

Auckland Council 

Approved loan amount

Council share 

NLTF share

Purpose of the loan

Number of houses enabled

Details

Status

$339.2 million 

$136.3 million 

$202.9 million 

Wastewater mains and pump stations, stormwater management and arterial roading including bus and cycle lanes. 

7,770 houses in Redhills and Whenuapai 

Provides framework for developers to connect local subdivision infrastructure. Supports the Westgate commercial centre. Frees up wastewater treatment capacity for growth in the south. 

Partially drawn down. No longer eligible for further drawdowns.

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