Prime Minister Bill English is set to announce new funding for housing in Auckland on Sunday.
The Herald understands English and other cabinet ministers will create special purpose vehicles to fund infrastructure for housing, mostly in South Auckland where the announcement is taking place.
Two weeks ago, the Government announced $300 million of new infrastructure investment to bring forward the construction of 10,500 homes in northwest Auckland at Whenuapai and Redhills.
The funding was part of the Government's $1 billion housing infrastructure fund to boost housing in the country's fastest growing regions. Waikato, Tauranga and Queenstown also received money from the fund.
It is understood the special purpose vehicles are being set up to hold debt off the council's balance sheet so it can stay within its debt limits.