The Government has set up an interim KiwiBuild unit, the first step towards meeting its commitment to build 100,000 affordable homes in 10 years.
Housing Minister Phil Twyford said it will take at least a year to establish the Housing Commission that will drive KiwiBuild.
"But we're not waiting to get started on building the 100,000 affordable houses New Zealand desperately needs," he said.
"That's why we've set up an interim KiwiBuild unit within MBIE so we can get cracking now while the legislation to establish the Housing Commission is developed."
The KiwiBuild unit will be responsible for:
* Building KiwiBuild homes as part of redevelopment of state housing land, alongside new state and open market homes
* Scaling up the building of KiwiBuild homes on under-utilised Crown-owned land
* Purchasing or underwriting new homes off the plans in private developments
* Investigating major greenfield and urban regeneration projects, so that they can be progressed swiftly by the Housing Commission once established
* Working with councils, iwi and private developers
* Exploring innovative ways to address current constraints including alternative financing options and construction practices.
- NZ Newswire
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