Over the next 10 years KiwiBuild will deliver the step-change that New Zealand’s housing system needs to support the creation of diverse, thriving communities.
The KiwiBuild work programme will purchase land from multiple sources, and work with multiple stakeholders across government and the private sector to deliver more homes for Kiwis.
Our work programme covers:
- converting existing Crown land and purchasing additional land from the private market (under the Land for Housing programme), which will be on-sold to development partners who commit to delivering KiwiBuild homes
- purchasing or underwriting new affordable homes off the plans (under the Buying off the Plans initiative) to de-risk suitable developments led by the private sector and others, in exchange for accelerating the delivery of a greater number of homes at KiwiBuild price points
- identifying and leveraging opportunities to deliver KiwiBuild homes through existing Government-led housing initiatives, such as those being undertaken by Housing New Zealand (for example, McLennan development)
- doing the groundwork to enable the new urban development authority (once established) to undertake major urban redevelopment projects in partnership with iwi.
Unitec Land for Housing
The Government has purchased 29.3 hectares of land at Unitec’s Mt Albert campus in Auckland to develop housing.
The site, which is 9 kilometres from Auckland’s Central Business District, is a mix of developed and undeveloped land, suitable for a master-planned, significant development.
The purchase of the site represents an opportunity to deliver a significant number of high quality, affordable houses for first home buyers under the Government’s KiwiBuild programme.
If you have a media enquiry —
Phone: 027 442 2141
October 1, 2018