Thousands more homes under Labour
We’ve just announced a massive infrastructure investment to kick-start new housing developments across New Zealand.
Through our Infrastructure Acceleration Fund, we’re making sure that critical infrastructure - like pipes, roads and wastewater connections - is in place, so thousands more homes can be built.
Here are the details:
New Zealand’s housing crisis has been decades in the making, and we know that one of the main barriers to the construction of more homes is a lack of basic infrastructure.
Our Infrastructure Acceleration Fund – designed to speed up the pace and scale of house building – has taken a big step toward tackling this problem. This initiative is jumpstarting housing developments by funding the vital infrastructure needed for new housing – like roads, water pipes, and flood management systems.
Laying the literal groundwork like this with roading, and three waters infrastructure for drinking, waste and storm water, means new housing projects that include affordable housing, can get underway faster.
The latest investment, announced this week, will help to unlock thousands of new homes across Northland. This includes funding for key transport upgrades in Whangārei, which is expected to support up to 3,000 new homes.
This massive funding boost comes on top of the investments that we’ve already made through the Infrastructure Acceleration Fund to enable more houses, in places such as Hamilton, Auckland, Tauranga, Christchurch, Kawakawa, Rotorua, Lower Hutt, Kaikōura, Napier, Gisborne and New Plymouth.
When taken together, the investments that we’ve made through the Infrastructure Acceleration Fund are expected to enable more than 30,000 new homes right across New Zealand.
We are turning around the housing crisis we inherited by stripping back red tape to get more housing built and investing in the long-neglected critical infrastructure that our towns and cities need.
The Infrastructure Acceleration Fund is just one of the ways that we’re driving up housing supply, and getting more families into affordable, warm, dry, homes. You can find out more about the progress we’re making on housing here.
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