Most of the first batch of 1000 KiwiBuild affordable homes to be built in the next year will be apartments and will come from stalled development projects.
Stephen Barclay, the head of the KiwiBuild unit, said the number of proposals from developers to build many of the KiwiBuild homes in the first year of the decade-long scheme had been narrowed down to 10, with six of them in Auckland.
"Building a house doesn't take five minutes. So the bulk of the numbers of the first 1000 will come towards the end of the year."
The successful tenders will be revealed soon.
Nearly all were apartments and Mr Barclay said he expected those wanting to get on the property ladder would be keen to get one.
"If that's in a two-storey duplex or something like that, then I think they'd absolutely look at it."
The number of people who have registered an interest in a KiwiBuild home was near 30,000, Mr Barclay said.
Under KiwiBuild, 1000 homes will be built by the end of June 2019, ramping up to 5000 by June 2020, 10,000 by June 2021 and averaging 12,000 annually after that.
Mr Barclay said his unit will also develop a website so that the public can track the number of houses being built and completed, and ensure they meet their targets.
3 comments
Go..
Posted on 14-07-2018 10:11 | By Marshal
And still the Rich will get richer.. These plans cut out the poor and low income earners in the equation and channel the money straight to the wealth gatherers.. Didn't they build cheap apartment blocks in the UK.. Now they are pulling them down, or letting them fall down. Why not go back to government funded lease sections, which the owners pay off once there incomes have increased sufficiently . And inflation has lowered their mortgage repayments. Maybe to easy for some to grasp..lol
Cram them in
Posted on 14-07-2018 10:58 | By Slim Shady
Tenement blocks. When the shine wears off they are called slums. Everybody within earshot and sight of everybody else. Sounds terrific but I suppose beggars can't be choosers.
Does anyone know....
Posted on 14-07-2018 11:05 | By groutby
.....why the "development projects" stalled in the first place?..'red tape' driven by local government perhaps?..soon to be railroaded through by the housing minister to enable these 'apartments' to be completed for the incumbent government to at least be seen to have gotten some 'points on the board' at last?...even if they are apartments and not 'real' homes?..
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