​Door opens to affordable home ownership

Jul 5, 2018 | News

“Today is a milestone in the Government’s ambitious programme to restore affordable homeownership.

“With the first KiwiBuild homes on track to be completed shortly and many more in the pipeline, we are now at a stage where the KiwiBuild Unit can open its doors and invite people in.

“People can check the eligibility criteria and will soon be able to pre-qualify for the first homes currently being constructed and the thousands more that will be built by KiwiBuild in the years ahead,” Phil Twyford said.

“All eligible buyers will have an equal chance to own a KiwiBuild home at cost price through a ballot system.”

The eligibility criteria for KiwiBuild home buyers are:

• First-home buyers or ‘second chancers’,

• New Zealand citizens, permanent residents or those who ordinarily reside in New Zealand,

• Intend to own, and live in it, for at least three years,

• Income below $120,000 for sole purchasers and $180,000 for couples.

“We know that New Zealanders at and below these incomes are struggling to buy a home, especially in high demand areas such as Auckland and Queenstown,” Phil Twyford said.

“For instance a couple of teachers may have a combined income of between $150,000 and $170,000. For a nurse and police officer earning upwards of $120,000, and for an engineer living alone, $90,000. A decade ago these families would have been able to afford a home, but they are now locked out of the market.”

Phil Twyford said this week marks the official start of the KiwiBuild programme – where homes built under the programme will count towards the Government’s official target.

“In the first year we will deliver 1000 KiwiBuild homes, with the full ramp up of production reaching 5000 homes by June 2020 and 10,000 homes by June 2021.

“This is the largest state-backed home building programme in generations. I’m proud our Government is helping the next generation of New Zealanders realise the Kiwi dream,” Phil Twyford said.

People can register their interest at www.kiwibuild.govt.nz

http://img.scoop.co.nz/media/pdfs/1807/KiwiBuild_Eligibility_Criteria_Supporting_Information.docx

http://img.scoop.co.nz/media/pdfs/1807/KiwiBuild_Eligibility_QA.docx

Read the story on Scoop.

Recent articles

Community Housing Aotearoa newsletter 11 July 2022

Community Housing Aotearoa newsletter 11 July 2022

Our CEO Vic Crockford reflects on matariki and the current situation with Covid. Our new Community Housing Aotearoa podcast is out - with the first episode featuring interviews with Dwell Housing Trust and CORT's respective chief executives and Penina Housing Trust...

Annual Report

CHA’s 2020/21 Annual Report

CHA’s 2020/21 Annual Report

Strategic Plan

CHA’s 2022-2023 Strategic Workplan

CHA’s 2022-2023 Strategic Workplan

Featured Network

Residential Tenancies Act Community of Practice

Residential Tenancies Act Community of Practice

Our Place

Our Place Report 2017

Our Place Report 2017

Case Studies

Media Releases

News

How community housing can mend our fraying fabric

NZ's social housing register has quadrupled in size since 2017 and big changes to mindsets over house building and housing affordability are needed, writes Community Housing Aotearoa chief executive Vic Crockford in The Newsroom. Click here to read more. 

Anti-Social Behaviour notes Nov 21

Tenants Protection Association (Chch) Inc. Notes for presentation at Tenancy Management Community of Practice Nov 2021 Anti-Social Behaviour notes Nov 21

Tenancy Management COP November 2021 summary

tenancy-management-cop-november-2021-summary The final Tenancy Management Community of Practice for 2021 was held via zoom on 11th November 2021. This Community of Practice is relevant for advocates, practitioners, navigators and tenancy managers involved in...

Newsletters

Community Housing Aotearoa newsletter 11 July 2022

Our CEO Vic Crockford reflects on matariki and the current situation with Covid. Our new Community Housing Aotearoa podcast is out - with the first episode featuring interviews with Dwell Housing Trust and CORT's respective chief executives and Penina Housing Trust...

Community Housing Aotearoa newsletter 27 June 2022

Our CEO Vic Crockford reflects on our past, while looking forward, Dwell Housing Trust's board is recognised for their sterling efforts, new research highlights NZ's ongoing housing challenges. Upcoming events include; the Community Housing Aotearoa MSD Training...

Community Housing Aotearoa (CHA) Newsletter 13 June 2022

Kaupapakāinga: The potential for Māori cohousing, The Shift Directives - Leilani Farha, IN THE NEWS, EVENTS, National Volunteer Week, Te Wiki Tūao ā-Motu, Community Housing Aotearoa (CHA) | MSD Training Series - Session 3: Emergency Housing, Community Housing Aotearoa...

Community Housing Aotearoa (CHA) Newsletter 30 May 2022

Community Housing Aotearoa (CHA) Newsletter 30 May 2022, 2022 Minister of Health Volunteer Awards now open for nominations, Community Finance takes out Innovation in Finance award, Budget 2022 panel discussion, Two new Pacific roles at CHA, NRHCC - winter wellness and...

Community Housing Aotearoa (CHA) Newsletter 17 May 2022

Māori, Pacific needs left out of one size fits all approach to high-density developments, HUD and CHA Online Engagement on draft Public Housing Design Guidelines, In the News, RESOURCES, 2022 updates to healthy homes standards regulations take effect today,...

Submissions

Legislation

Reports

Research

Community Housing Aotearoa

Contact Us

Contact Info

Level 11, Ranchhod Tower,
39 The Terrace /
102-112 Lambton Quay
PO Box 11543
Wellington 6142

+04 385 8722

support@communityhousing.org.nz

Follow On