Tauranga, Waikato councils to borrow $196M from govt housing fund for water upgrades

By Paul McBeth
July 11 (BusinessDesk) - Tauranga City and Waikato District councils will tap the central government's housing infrastructure fund to help upgrade local water infrastructure, which Housing Minister Phil Twyford says will speed up residential property developments in those areas.
The $1 billion housing fund was set up under the previous administration as a means to speed up development by supporting infrastructure programmes in nine projects across Auckland, Hamilton, Waikato, Tauranga and Queenstown. Twyford today said Tau...
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