NZ govt eyes Tamaki Redevelopment Co's role in lifting affordable housing supply: English

Thu, 26 Feb 2015

By Paul McBeth Feb. 26 (BusinessDesk) - The New Zealand government is looking at ways Tamaki Redevelopment Co can help boost the supply of affordable housing, which forms part of its focus on the nation's "unbalanced" property market, Finance Minister Bill English says. The entity, set up in 2012 as a joint venture between central government and Auckland Council to rejuvenate the suburb, is expected to build about 7,500 new houses over the next decade, which will increase the area's housing stock by 5,000 after old properties have been re...

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