Infrastructure

Govt makes KiwiBuild loans easier, drops 100,000 homes target

Pattrick Smellie
Wed, 04 Sep 2019

By Pattrick Smellie Sept. 4 (BusinessDesk) - The government is dropping its target to build 100,000 affordable homes over a decade but will keep the name of its troubled flagship policy - KiwiBuild - while making it easier for people to finance their way into home ownership through the scheme. The policy 'reset' announced today by Housing Minister Megan Woods includes a win for the Green Party, with the creation of a new 'shared ownership' initiative that will allow a would-be homeowner to buy part of a house, in partnership with "long te...

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