Rangitikei District Council today unanimously voted to incentivise new residential development in the region with a
$5000 rates “holiday”. It’s a policy already operating in Wellington, but the policy introduced into the Rangitikei will
have much fewer restrictions.
The rates “holiday” will include any new residential development (either privately built or built by a developer) and
will also include relocatable houses coming into the district. Unlike Wellington, the rates holiday is not restricted to
new builds for first home buyers, but anyone building a new home.
Deputy-Mayor Cr Belsham said the main driver behind the incentivisation scheme was for people outside the region to
choose Rangitikei to relocate to.
“We have lots of land available and there’s plenty of space to build. Not only will this attract buyers and land
developers, it will help ease the housing shortage in our region and grow our population base.”
Mr Belsham says Council is excited about the possibilities the rates’ holiday offers, and the very clear message is
sends to the wider region that Rangitikei is the place to be.