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The Government will redevelop 300 existing Housing New Zealand (HNZ) properties into about 1200 new homes in Northcote, Ministers Bill English and Dr Nick Smith have announced.

The Minister Responsible for Housing New Zealand, Bill English, says the $750 million project will transform the existing 300 properties into about 1200 warmer, drier and healthier homes with a better mix of size and type.

“The number of HNZ homes will increase from 300 to 400 and a further 600-800 properties will be sold as a mix of affordable and market housing.”

Invitations for expressions of interest (EOI) in the Tāmaki redevelopment reaffirm the Government’s commitment to a large-scale transformation of housing in Auckland, Ministers Bill English and Dr Nick Smith say.

The redevelopment of 2500 state-owned houses in the area is being led by the Tāmaki Regeneration Company (TRC), a joint venture between Auckland Council and the Government.  

The transfer of ownership of thousands of houses today marks a significant step in regenerating the Tāmaki area and improving the stock of social and affordable housing in Auckland, Ministers Bill English and Dr Nick Smith say.

The ownership and management of about 2800 Housing NZ properties in Tāmaki will today be formally transferred to the Tāmaki Regeneration Company (TRC), which is jointly owned by the Crown and Auckland Council. 

A milestone in the first phase of the long-term plans of the Tāmaki Redevelopment Company (TRC) was reached today with Housing New Zealand Minister Bill English and Building and Housing Minister Dr Nick Smith opening the first completed homes as part of the Fenchurch neighbourhood regeneration project at Glen Innes, Auckland.