$300 million infrastructure investment will help create 10,500 homes

$300 million infrastructure investment will help create 10,500 homes

0 개 2,285 노영례

20e1b2ef045ee50d1862478321ad5fb7_1499764562_9242.jpg
 

Auckland Mayor Phil Goff and Finance Minister Steven Joyce today announced $300 million of new infrastructure investment to bring forward the construction of 10,500 new homes in Whenuapai and Redhills, Auckland.

The $300 million new funding provided through the Housing Infrastructure Fund will unlock new housing development in Auckland's north-west via investment in transport, wastewater and stormwater projects earmarked by Auckland Council as priority, fast-track initiatives.

View a map of the projects (PDF)

Mayor Phil Goff says, "The HIF provides the opportunity for Auckland Council and Government to work together to start addressing Auckland's serious housing issues for the benefit of our city and the New Zealand economy."

"This funding will fast-track priority new infrastructure projects, turning zoned land into 10,500 new homes, and creating new Auckland communities.

"Over the last several months, I've met with the Prime Minister and other Ministers to discuss the HIF. I am pleased that Auckland Council has been able to work with Government to ensure the Government's wider finding package for infrastructure aligns with Auckland Council's financial constraints."

Mayor Goff says Auckland's HIF bid focused on a small number of highly development ready areas where funding would accelerate priority projects and unlock housing growth quickly.

In addition to wastewater and stormwater improvements, the $300 million will fund improvements to transport infrastructure including an extension to Fred Taylor Drive and Northside Drive, an update and realignment of Trig Road and a new bridge crossing to West harbour ferry terminal.

"Not only are we accelerating housing delivery, we are creating new centres for employment and increased accessibility across the Auckland region with improvements to Auckland's transport system.

"Accelerating housing delivery in Auckland is a priority. I welcome the Government's recognition of the growth challenges facing Auckland and their readiness to work with Council to address issues in our city for the benefit of all New Zealand.

Mayor Phil Goff says that while $300 million in new infrastructure investment will help Auckland address housing shortages in the city, it will continue to need billions of dollars of extra investment to keep pace with the city's unprecedented growth.

"Auckland has received most of what it sought from the HIF. In the coming weeks there will be a further important announcement from Government on new funding options for Auckland that take into account the balance sheet constraints the city faces. We have worked constructively with Government to find innovative solutions to meet Auckland's needs.

"The HIF package will help significantly, but with ongoing growth and the pressing need for matching infrastructure, we will need to continue to work together to increase and bring forward investment to tackle Auckland's housing shortage and growing congestion," says Mayor Goff. 

 

출처 : Auckland Council News

Report shows challenging future for children …

댓글 0 | 조회 297 | 3일전
The future of childhood h… 더보기

Farmers Santa Parade, supported by the city c…

댓글 0 | 조회 495 | 3일전
Two symbolic characters a… 더보기

Investors on the rebound and first home buyer…

댓글 0 | 조회 526 | 4일전
New Zealand's property ma… 더보기

NZ Compare Awards 2024 Finalists Announced

댓글 0 | 조회 266 | 5일전
The NZ Compare Awards 202… 더보기

More property sellers face losses amidst weak…

댓글 0 | 조회 767 | 2024.11.14
By Kelvin Davidson, CoreL… 더보기

99,000 children in persistent poverty

댓글 0 | 조회 520 | 2024.11.12
98,900 children in Aotear… 더보기

First Home Buyers capitalise on soft market

댓글 0 | 조회 561 | 2024.11.07
First home buyers (FHBs) … 더보기

Slowing rate of decline signals potential val…

댓글 0 | 조회 602 | 2024.11.01
Property values in New Ze… 더보기

Investors take a fresh look at the NZ propert…

댓글 0 | 조회 681 | 2024.10.24
Mortgaged multiple proper… 더보기

NZ construction costs show minor uptick amids…

댓글 0 | 조회 473 | 2024.10.16
Tax changes, high levels … 더보기

OCR down again as mortgage rates set to keep …

댓글 0 | 조회 779 | 2024.10.09
Commentary from Kelvin Da… 더보기

Spring marks subtle shift in market condition…

댓글 0 | 조회 273 | 2024.10.08
Spring has sprung, but gr… 더보기

Rate cuts haven't pumped up house prices yet

댓글 0 | 조회 415 | 2024.10.03
CoreLogic's hedonic Home … 더보기

Minister of Health announcement on Fetal Alco…

댓글 0 | 조회 538 | 2024.09.26
The Minister of Health Ho… 더보기

Where are Aotearoa NZ's $1 million+ housing m…

댓글 0 | 조회 698 | 2024.09.25
By Nick Goodall, CoreLogi… 더보기

5 of the best ways to enjoy spring in Aucklan…

댓글 0 | 조회 383 | 2024.09.24
Tāmaki Makaurau is one of… 더보기

Property sales slowly rising heading into spr…

댓글 0 | 조회 449 | 2024.09.19
With the spring selling s… 더보기

Local alcohol policy: Freeze on new liquor st…

댓글 0 | 조회 298 | 2024.09.16
From today (Monday 16 Sep… 더보기

Property sector: New Zealand's economic power…

댓글 0 | 조회 422 | 2024.09.12
WELLINGTON, NEW ZEALAND -… 더보기

Housing market still flat despite interest ra…

댓글 0 | 조회 344 | 2024.09.10
House prices do not yet r… 더보기

Lower interest rates may take time to ripple …

댓글 0 | 조회 570 | 2024.09.05
CoreLogic's Home Value In… 더보기

Low deposit mortgages help fuel first home bu…

댓글 0 | 조회 1,230 | 2024.08.22
First home buyers (FHBs) … 더보기

Affordability challenges persist despite soft…

댓글 0 | 조회 359 | 2024.08.14
By Kelvin Davidson, CoreL… 더보기

Frigid housing market's winter blues continue…

댓글 0 | 조회 391 | 2024.08.13
Residential property valu… 더보기

Resale profits decline as buyer bargaining po…

댓글 0 | 조회 285 | 2024.08.08
By Kelvin Davidson, CoreL… 더보기