Government announces plans to build 34,000 homes in Auckland

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The Government is promising to build 34,000 homes in Auckland over 10 years.

Of that, 13,500 will be social housing and 20,600 will be sold on the open market, some priced at “affordable” levels.

Social Housing Minister Amy Adams revealed the plans in a pre-Budget announcement in Auckland today.

Adams said 8300 rundown houses on Crown land would be replaced with 34,000 new homes. Some of these houses were part of already-announced building projects in Tamaki and Hobsonville.

The houses would be for New Zealand’s most vulnerable families, first-home buyers, and for the wider market. They would be built in areas like Northcote, Hobsonville and in Tamaki.

Housing New Zealand would be responsible for building 24,300 of them. ¬†Read more…

http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11857003