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Formal proposals are being requested from three responders to carry out New Zealand’s largest housing redevelopment project, Ministers Bill English and Dr Nick Smith say.

Ngāti Paoa Consortium, Tūhono Tāmaki Consortium and Exemplar Communities Consortium have been invited to submit proposals for the first phase of the Tāmaki Regeneration project, redeveloping around 1,000 existing social houses into 2,500 social, affordable and market houses. 

The Prime Minister today announced a new $1 billion Housing Infrastructure Fund to accelerate the supply of new housing where it’s needed most, Finance Minister Bill English and Building and Housing Minister Dr Nick Smith say.

The contestable fund will be open to applications from councils in the highest growth areas – currently Christchurch, Queenstown, Tauranga, Hamilton and Auckland.

Mr English says the Housing Infrastructure Fund will help bring forward the new roads and water infrastructure needed for new housing where financing is a constraint.

Ownership and management of approximately 2800 Housing New Zealand Corporation (HNZC) properties at Tamaki will be transferred to the Tamaki Redevelopment Company (TRC) to encourage regeneration of the area, Finance Minister Bill English and Housing Minister Dr Nick Smith say.

“Driving through some of the deprived areas of Tāmaki makes plain why the Government is determined to do a better job of social housing,” Mr English says.