Christchurch council's $14m developer discount

On Wednesday, the council adopted a new development contributions policy which included significantly lower costs for inner city developers. (Image: Deposit Photos)

Oliver Lewis

Fri, 30 Jul 2021

The Christchurch City Council (CCC) has discounted developers $14 million to encourage new housing in the central city.The central city residential rebate scheme was launched in 2014 to encourage post-earthquake development. Under the scheme, developers building residential units in the inner city have had 100% of their development contributions waived.Figures released to BusinessDesk show the council provided $14.6m in rebates on 1,304 units between 2014/15 and 2020/21. Developers have strongly supported the scheme, according to previous revie...

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