The New Zealand Herald reports that affordability requirements in up to half of Auckland’s special housing areas look set to lapse because developers have not even applied for consents ahead of the areas disappearing next month.
The revelations have sparked claims of land-banking, and at least one developer is seeking legal advice on whether the affordable housing rules will still stick after that date.
Auckland Council data supplied to the Herald under the Official Information Act shows developers had applied for building consents in only 57 of the 154 special housing areas (SHAs) by August 5.
The special areas, which gave fast-track consents in exchange for requiring that at least 10 per cent of new housing was “affordable”, will be disestablished on September 16 after the city’s new Unitary Plan comes into force.
Read more here.
Here’s a further report from Radio New Zealand’s Todd Niall on 17 August on affordability provisions in special housing areas in Auckland.