Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

KiwiBuild: Opportunity for developers launched

KiwiBuild: Opportunity for developers launched

Tender documents for the KiwiBuild ‘Buying off the Plans’ initiative – whereby the Government will underwrite or purchase new homes the private sector and others are developing – have been released today, Housing and Urban Development Minister Phil Twyford says.

“This initiative will help us develop more affordable homes for New Zealanders, sooner.

“There’s an obvious need for us to take urgent action to address the national housing crisis which is what this initiative is designed to do. It will operate alongside our work to fundamentally shift the housing market and help restore the Kiwi dream of home ownership by expanding the supply of affordable homes.

“We know that a common challenge faced by developers is the need to sell a significant proportion of dwellings off the plans in order to secure funding for construction, which means that developments can sometimes stall or be put on hold.

“The Buying off the Plans initiative is a unique opportunity for developers to partner with the Government to increase the supply of affordable housing. We’re essentially giving developers the certainty and backing they need to deliver suitable developments that would not otherwise proceed. It will also enable other developments to be finished at a faster pace than initially planned, in exchange for accelerating a greater number of affordable, KiwiBuild dwellings.

“Our intention is to have a number of these developments under contract in the second half of this year, which I’m confident we will be able to achieve given the positive response to our initial market sounding,” Phil Twyford says.

The Buying off the Plans initiative is specifically seeking proposals that either promise volume or innovation, for developments in Auckland, Wellington, Hamilton, Napier-Hastings, Queenstown-Lakes District, Tauranga, Whangarei District and Nelson-Tasman. Proposals for other areas will also be considered. For this initial approach to market, priority will be given to developments that are able to commence within the 2018/19 and 2019/20 years. The opportunity will be re-opened later in 2018 for years 2020/21 onwards.

“This focus on innovation, alongside our focus on procuring at scale, recognises the kind of step-change we want to achieve with KiwiBuild. We need to think differently, and do things differently, to meet our target of building 100,000 homes over the next decade.

“Collaboration between the Government and developers is essential. I encourage developers to check out the Invitation to Participate on the Government Electronic Tenders Service website,” Phil Twyford says.

The Invitation to Participate (at www.gets.govt.nz) is open until 8 June 2018. Further information is available at www.kiwibuild.govt.nz.

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Why Shipping Is NZ’s New Trade Problem

So Jacinda Ardern and Theresa May have signed a piece of paper promising peace in our time when it comes to our trade with Britain... Right now, a statement from Theresa May on Brexit has as much credibility as a statement by Donald Trump about North Korea’s plans for scrapping its nukes. Despite her recent crushing defeat in the Commons, May is continuing to playing chicken with Britain’s future, for personal and party advantage.

Brexit is not the only concern... More>>

 

Reshuffle: National Announces Spokesperson For Drug Reform

National Leader Simon Bridges has appointed Paula Bennett to the new position of Spokesperson for Drug Reform as the Government pushes ahead with its agenda of drug decriminalisation, to signal National’s commitment to holding them to account. More>>

ALSO:

KiwiBailed: KiwiBuild Head Officially Resigns

The head of Kiwibuild, Stephen Barclay has officially resigned from the role. In a statement issued on his behalf, it was announced that he would step down from today [Friday]. More>>

ALSO:

Welfare Stats: Rise In Hardship Numbers Shows Income Inadequacy

The latest Ministry of Social Development quarterly report show that a record number of people have received hardship assistance from work and income, with an additional 40,000 hardship payments made between September and December 2018, compared to the previous quarter of the same year... More>>

ALSO:

Gordon Campbell: On MBIE’s Social Media Scam

Given the ambit of MBIE’s work, almost any form of social activity could qualify as being part of MBIE’s brief, so the privacy threats posed by this training programme are extensive. The current oversight safeguards seem threadbare to non-existent. More>>

ALSO:

JusTrade: New Campaign For A 21th Century Trade Agenda

‘Critique is no longer enough. If anything is to really change, we need to step away from the existing framework and take a first-principles approach to rethinking what will work for the 21st century.’ More>>

Earlier:

Gordon Campbell: Thompson + Clark Are The Tip Of The Iceberg

How can we tell where and how any lines are being drawn? Oversight is not exactly robust. If it were, Thompson + Clark would have been out of contention for state security work ten years ago. More>>

Trainers: Taratahi Institute of Agriculture In Interim Liquidation

Taratahi employ 250 staff and this year has provided education to over 2500 students. Taratahi owns and manages 8 farms throughout the country. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels