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The Housing Infrastructure Fund will provide $300 million of infrastructure funding to Auckland Council for another 10,500 new houses across two major new subdivisions in Auckland, Finance Minister Steven Joyce and Building and Construction Minister Dr Nick Smith say.

“This investment will fast-track the construction of large housing developments at Whenuapai and Redhills by increasing capacity of the water and transport networks in the area,” Mr Joyce says.

The Housing Infrastructure Fund will provide 10,700 more houses across two major new subdivisions in the Waikato, Finance Minister Steven Joyce and Building and Construction Minister Dr Nick Smith say.

“These investments will unlock two major subdivisions in one of New Zealand’s fastest growing regions,” Mr Joyce says. “It will provide network roading and water infrastructure for the 8100 section Peacockes Development on the southern border of Hamilton and a 2600 section subdivision in Te Kauwhata in Northern Waikato.”

Five of New Zealand’s fastest growing Councils will have infrastructure projects funded through the Government’s $1 billion Housing Infrastructure Fund, Finance Minister Steven Joyce and Building and Construction Minister Dr Nick Smith say.

“These funding decisions will help provide another big step forward in housing supply,” Minister Joyce says. “The funding will be used to provide network roading and water infrastructure for 60,000 houses across nine projects in these five fast-growing urban areas.”

The Housing Infrastructure Fund will provide $230 million in funding to the Tauranga City Council to provide for 35,000 more houses through three major new infrastructure projects in the city, Finance Minister Steven Joyce and Building and Construction Minister Dr Nick Smith say.

“These infrastructure projects will provide for a very large part of the expected need for additional housing for the next 30 years in one of New Zealand’s fastest growing regions,” Mr Joyce says.

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.