The announcement also comes after the signing of Rotorua's Special Housing Accord earlier this month, which aims to help the building of 900 new homes in four years.
While there are countless benefits to having a lively and growing population, the city's lack of housing has put a real strain on locals, overshadowing any positive effects.
Thankfully the issue wasn't ignored.
City leaders, real estate agencies and developers have taken action to ensure more than 1000 homes are built in less than five years.
Good things take time and while we won't have all these new houses overnight, it is clear work is being done to better accommodate the influx of people to Rotorua.