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29 Mar 2024 9:18
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  •   Home > News > Business

    The Government's opened up its 1-billion dollar Housing Acceleration Fund

    The Government's opened up its 1-billion dollar Housing Acceleration Fund


    The contestable funding package announced in March, is now open for expressions of interest from local councils, iwi and developers.

    Funding will be prioritised for greenfield expansion projects, and developing underutilised land.

    The initiative is expected to produce at least 200 new homes in places such as Auckland, Tauranga, Wellington and Christchurch.

    At least 100 new builds are projected for smaller urban centres like Rotorua, Palmerston North and Nelson.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     29 Mar: Another pay offer is on the table for Police - after union members labelled the last one insulting
     28 Mar: Local councils are being challenged to back up rising debt with infrastructure revenue
     28 Mar: Employees are being reminded to know their rights and responsibilities this Easter
     28 Mar: The price gap between new builds and existing properties is starting to narrow
     27 Mar: A Bill passed in Parliament today will bring changes to the bright line test
     27 Mar: 'Bizarre' and unbelievable: Gas-rich Australia's looming need for LNG imports draws fire
     27 Mar: A bit of an economic mixed bag has 2024 shaping up to be a fairly flat year
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    BUSINESS BUSINESS
    Another pay offer is on the table for Police - after union members labelled the last one insulting More...



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