“These 12 new Special Housing Areas will enable 2000 additional homes to be fast-tracked and will help address the supply and affordability issues in Auckland and the Bay of Plenty. These additional SHAs bring the nationwide total to 100, with a capacity for 47,000 homes,” Dr Smith says.
The Housing Accords and Special Housing Areas Act 2013 allows for districts with significant housing issues to be scheduled, accords to be agreed, and gives the Government and the local councils tools such as the creation of Special Housing Areas to address these issues. To date, the Government has agreed Housing Accords with local councils in Auckland, Christchurch, Wellington, Tauranga, the Western Bay of Plenty and Queenstown-Lakes.
Read the full NZ Government press release on Scoop here.