Prime Minister Jacinda Ardern s housing package to tilt the balance to first-home buyers nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.
Willis asked Dr Woods in Parliament on Wednesday how she could justify using funds to purchase the land at IhumÄtao that were explicitly earmarked in Budget 2020 for KiwiBuild homes .
Budget 2020 states that the Land for Housing Programme is intended to facilitate the development of KiwiBuild affordable homes .Â
Dr Woods said Willis was confused and hadn t looked at the broader purpose of the Land for Housing Programme, which was to acquire land suitable for residential development that it can on-sell to developers .Â
In the case of the IhumÄtao deal, a Memorandum of Understanding (MOU) was signed by the KÄ«ngitanga, the Crown and Auckland Council which sets out how the parties will work together to decide the future of the land.
House prices boom across NZ in Feb, likely more havoc for first-home buyers msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.