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Boost for KiwiBuild in Hamilton

11th Apr 18


Hamilton’s Mayor Andrew King recently met with the Housing Minister Phil Twyford.  After the meeting, Mayor King was sent back to Hamilton with one clear goal – Bring Hamilton’s house prices down!

The Minister has specifically requested that the Council take the housing situation into it’s own hands, as the KiwiBuild legislation continues to be developed.

As Mayor King debriefed the Hamilton City Council in regard to his meeting with Phil Twyford, he outlined some of the serious concerns that the Housing Minister has.  Among those concerns is the lack of affordable housing that is being created within Hamilton and the Minister has asked the Council to report back to him with ideas as to how the KiwiBuild scheme can be accelerated within Hamilton.

Phil Twyford wants to see homes under KiwiBuild offered to first home buyers at a cost below the median house price of just under $540,000.  He has also stated that he would like all Special Housing Areas to contain at least a 40% portion being set aside for affordable housing.

To read more about KiwiBuild and the Hamilton City Council, click here to read the article by Tom Rowland on the NZ Herald website.

 

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Filed under Hamilton / Waikato \ Real Estate

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