We need this housing. Whangārei has one of the highest population growth rates in New Zealand, as well as – something perhaps less acknowledged – some of the highest rates of poverty. This is why this Government already recognised us as an area of high housing need with extra funding for new state housing builds, several starting this year. It also comes on top of the extra Government investment late last year into the Kamo/city shared path, and the increases to the First Home Grant caps for new builds to $800,000, making it easier to enter the housing market in Whangārei.
This new Waitangi funding is another major boost to our long-term future as a community. It is expected to open up approximately 160 hectares of greenfield land, eventually allowing for up to 3,000 new homes across multiple sites in the city. Up to 1,000 are expected over the first 10 to 15 years, enabling Whangārei to better keep pace with expected growth.
The Housing Acceleration Fund is part of this Government’s recognition that community development, housing and infrastructure cannot be left to the market alone. That approach has obviously not worked for us here, and since councils and ratepayers aren’t able to make up the shortfall, this Government is backing communities and enabling the investments that make growth possible.
We do this because we realise that investing in well-planned housing reaps huge benefits for NZ. Secure housing means more productive, healthier people who have better outcomes in jobs and education. When people around us are secure, so are we all.