Manukau mayor eyes housing boost

Manukau City Council has started talks with Government and non-profit agencies aimed at large-scale housing projects to kick-start the city's depressed house-building industry.

Mayor Len Brown hopes to pull together projects that could double the city's pensioner housing, create new emergency housing and build affordable housing for low-income first-home buyers on state and council land.

Housing Minister Phil Heatley has given his blessing to the talks and plans to back them up with a long-awaited "Gateway" scheme to help first-home buyers build houses on state land, due to be launched in October.

A spokesman said the Cabinet was also due to consider on August 3 whether to increase the cap on Welcome Home loans from $280,000 to "probably somewhere between $320,000 and $350,000", which could help finance the affordable housing.

Manukau has been hit harder than anywhere else by the collapse of the home-building market. New dwelling consents fell 67 per cent in the two years to May, from 1606 in the year to May 2007 to just 532 in the latest year. The nationwide fall was only 48 per cent.

To read the full NZ Herald article click here

Posted: 14 Jul 2009

News articles

Browse articles
by date

September 2013

July 2013

June 2013

May 2013

December 2012

November 2012

September 2012

June 2012

April 2012

March 2012

February 2012

January 2012

December 2011

November 2011

October 2011

September 2011

August 2011

July 2011

June 2011

May 2011

April 2011

March 2011

February 2011

January 2011

December 2010

November 2010

October 2010

September 2010

August 2010

July 2010

June 2010

May 2010

April 2010

March 2010

February 2010

January 2010

December 2009

November 2009

October 2009

September 2009

August 2009

July 2009

June 2009

May 2009

April 2009

March 2009

February 2009

January 2009

December 2008

November 2008

October 2008

September 2008

May 2008

April 2008

March 2008

Please disregard these fields.


banner ad