INDEPENDENT NEWS

Ballot for first KiwiBuild homes opens today

Published: Mon 10 Sep 2018 04:42 PM
Rt Hon Jacinda Ardern
Prime Minister
MP for Mt Albert
Hon Phil Twyford
Minister for Housing and Urban Development
10 September 2018
PĀNUI PĀPĀHO
MEDIA STATEMENT
New Zealanders have a chance to buy one of the first KiwiBuild homes in Auckland following the opening of the ballot today, Prime Minister Jacinda Ardern and Housing and Urban Development Minister Phil Twyford have announced.
These first 18 homes are warm, modern and architecturally-designed stand-alone homes, made up of 12 three-bedroom homes selling for $579,000 and six four-bedroom homes selling for $649,000. The ballot runs for four weeks.
Jacinda Ardern says KiwiBuild is restoring the Kiwi dream of home ownership to thousands of families who have been priced out of the housing market in Auckland and around the country.
“Our Government is opening the door to families locked out of home ownership by building affordable starter homes where the market failed to do so. The ballot that opens today gives those that pre-qualify an equal chance of being able to buy their own KiwiBuild home,” said Jacinda Ardern
“KiwiBuild is the major plank in our Government’s plan to make housing more affordable. We have also changed the law to stop overseas speculators pricing New Zealanders out of the market.
“After nine years of neglect under National we now have a Government that is making affordable homeownership a priority for the tens of thousands of New Zealanders missing out. Today’s ballot shows that help is on the way.”
Phil Twyford said another 12 properties already under construction at the McLennan development will be completed before Christmas, including seven terraced two-bedroom homes and five four-bedroom homes. Next year a further 58 mainly three bedroom homes will be built at the Papakura location.
“This is just the beginning. Later this week our Government will be announcing the start of the next tranche of KiwiBuild homes – the first homes to be bought off the plans.”
Phil Twyford urged anyone considering entering the ballot for KiwiBuild homes at McLennan to get a thorough understanding of the property first and speak to their bank manager.
ends

Next in New Zealand politics

Gordon Campbell on Malaysia exposing our China policies
By: Gordon Campbell
Auckland Pride remains committed
By: Auckland Pride Festival
PM welcomes state visit by Korean President Moon Jae-in
By: New Zealand Government
Changes to drinking water standards and health
By: New Zealand Government
Police detention was unlawful but reasonable
By: Independent Police Conduct Authority
Joint Statement by Sebastián Piñera and Jacinda Ardern
By: New Zealand Government
Top academics call on government to take climate action
By: UNITEC
Gordon Campbell on NZ’s complicity in Western Sahara
By: Gordon Campbell
NZ aligned with principles not countries at APEC - Ardern
By: RNZ
Tonga and Vanuatu join China's Belt and Road
By: RNZ
US expands regional presence, part of Indo-Pacific strategy
By: RNZ
PNG foreign minister denies report on Chinese forced entry
By: RNZ
The Nation: Trade and Export Growth Minister David Parker
By: The Nation
APEC Leaders Face Challenges Together for Stronger Growth
By: APEC
PM O’Neill to Private Sector: Invest in Digital, Innovate
By: APEC
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media