October 05, 2015
Iwi-developer dating service established
Developers willing to work with iwi have been invited to register their interest in developing housing on Crown-owned land in Auckland.
Building and Housing Minister Dr Nick Smith says to keep up with the government’s plans, the developers should be capable of delivering a minimum of 100 houses in addition to their existing workload.
Proposals registered on the Government Electronic Tender Service website will be assessed by a group of industry experts.
They developers will be assigned to panels according with their capability to undertake low, medium and high density housing projects.
Under the deal agreed last month with Nga Mana Whenua o Tamaki Makaurau, iwi who decide to take up their right of first refusal to develop any of the sites can select a developer from the panels to work with.
Twenty per cent of the homes will be available for purchase by community housing providers and a further 20 per cent priced as affordable for first home buyers.
Dr Smith says the government’s aim is to have the first development agreement in place as soon as possible this year and the first homes completed by the end of 2016.
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