Development levy overhaul aims to accelerate housing growth

Development levy overhaul aims to accelerate housing growth
Housing and Infrastructure Minister Chris Bishop wants to ditch the old model of planning cities and let housing growth be more developer-led. (Image: NZME)
Jem Traylen
The Government is making changes to the infrastructure funding system, which Housing and Infrastructure Minister Chris Bishop announced at a local government forum in Wellington on Friday.This is the second of three “pillars” of the Government’s Going for Housing Growth reforms.Bishop said there would be five key changes that would ensure more houses get built:Replacing developer contributions (DC) with a development levy systemEstablishing regulatory oversight of development levies to ensure charges are fair and appropriateIn...

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