​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 (CHA) Newsletter 12 October 2021

Community Housing Aotearoa (CHA) Newsletter 12 October 2021

Message from Chief Executive, Fortnightly Sector Zoom Calls, Tenancy Management Community of Practice, Ngāti Toa Secures A Deal To Ensure High Quality, Healthy And Affordable Homes At Kenepuru Landing, More Progressive Home Ownership Opportunities for First Home...

Annual Report

CHA’s Annual Report for 1st July 2019 to 30th June 2020

CHA’s Annual Report for 1st July 2019 to 30th June 2020

Strategic Plan

CHA’s Strategic Plan 2018

CHA’s Strategic Plan 2018

Featured Network

Residential Tenancies Act Community of Practice

Residential Tenancies Act Community of Practice

Our Place

Our Place 2017

Our Place 2017

Case Studies

Media Releases

The Shift Aotearoa conference 2021 issues papers released

Community Housing Aotearoa’s three pre-conference work programmes are kicking off next week with initial zoom meetings in the Narrative Transformation and Housing System Settings streams scheduled for Tuesday 26 January at 10AM and 1PM respectively. Issues papers to...

News

CHA Level 4 Guidance Document 8 September

CHA Level 4 Guidance Document 8 September Community Housing Aotearoa (CHA) has put together this document to consolidate information, contacts, resources and advice to help you in your day to day service delivery and decision making. It will be updated as new...

Community Housing Aotearoa (CHA) COVID-19 Update 26 August 2021

Message from CHA's Chief Executive, Productivity Commission Submission - Include Housing in the Terms of Reference, CHA's support for members, sharing ideas and issues, Ministry of Health information and advice, Government support for your organisation, important...

Newsletters

Community Housing Aotearoa (CHA) Newsletter 12 October 2021

Message from Chief Executive, Fortnightly Sector Zoom Calls, Tenancy Management Community of Practice, Ngāti Toa Secures A Deal To Ensure High Quality, Healthy And Affordable Homes At Kenepuru Landing, More Progressive Home Ownership Opportunities for First Home...

Community Housing Aotearoa (CHA) Newsletter 4 October 2021

Message from Chief Executive, SUPPORT FOR MEMBERS, Be part of 'The Big Auckland Morning Tea Shout' for Auckland's frontline community workers, HUD launches new interactive housing dashboard, Submissions close tomorrow on new legislation for restricting terminations...

Submissions

Legislation

Reports

Te Whakaruruhau Report

The Te Whakaruruhau Report establishes the peak body services to the Homelessness Sector by Te Matapihi he Tirohanga mō te IwiTrust and Community Housing Aotearoa. The report can be found here: Te Whakaruruhau September 2020

Research

BRANZ research report on ‘exceeding the minimum’ released

This report looks at the question: why don’t landlords choose features that exceed the minimum building standards and what are the enablers to changing this? The aim is to identify the barriers to an improved rental stock and potential solutions to overcome the...

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