“We need the industry to propose areas that could be developed, if appropriately zoned and serviced, to deliver at least 30 affordable houses.” The council said it wanted to address barriers to supply by opening up more land for housing, particularly in locations close to jobs and amenities; help fund infrastructure; allow a wider mix of housing that was affordable for low to moderate-income households to own or rent; and free up development-ready land and accelerate housing development to moderate growth in house and land prices. Michael Richardson, who has 200 hectares of farmland on the northern boundary of Timaru, next to Elloughton Gardens retirement complex in Pages Rd, available for development, welcomed the acceleration fund.
Wednesday, 21 July 2021, 11:20 am
Timaru District Council is on the search for local
industry partners so it doesn’t miss out on a share of a
$1 billion government infrastructure investment.
The
funding comes as a part of a government programme to address
housing affordability issues throughout New Zealand by
helping fund the infrastructure required to drive
development.
The programme is part of the $3.8 billion
Housing Acceleration Fund, which includes the Kāinga Ora
Land Programme, Infrastructure Fund and changes to the Land
for Housing Programme.
The Infrastructure Acceleration
Fund is a $1 billion infrastructure investment to support
housing supply where infrastructure providers face funding
Press Release – Timaru District Council Timaru District Council is on the search for local industry partners so it doesnt miss out on a share of a $1 billion government infrastructure investment. The funding comes as a part of a government programme to address housing affordability issues …
Timaru District Council is on the search for local industry partners so it doesn’t miss out on a share of a $1 billion government infrastructure investment.
The funding comes as a part of a government programme to address housing affordability issues throughout New Zealand by helping fund the infrastructure required to drive development.
The programme is part of the $3.8 billion Housing Acceleration Fund, which includes the Kāinga Ora Land Programme, Infrastructure Fund and changes to the Land for Housing Programme.