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Increasing the pool of affordable and social housing is a key priority for the Government, Housing Minister Phil Heatley says.

A contingency fund of up to $45 million for 2011/12 has been set aside so the Government can respond to recommendations of the Housing Shareholders’ Advisory Group. This will be partly offset by an increase in the dividend to the Crown from Housing New Zealand Corporation of $21 million for 2009/10.

  • Phil Heatley
  • Housing
  • Budget 2011