FFS what next?
KiwiBuild’s 100,000 homes target has been scrapped and will not be replaced as part of the Government’s sweeping project reset.
A reset of the affordable housing policy unveiled today makes major changes, including a $400m progressive ownership scheme for up to 4000 families and a shift for wider support for first-home buyers, so buyers with as little as a five per cent deposit will be eligible for Government-backed loans and KiwiSaver withdrawals.
The reset of the troubled policy sets no targets for numbers of homes built, instead promising a “significant” number of new affordable homes, with monthly dashboards published to keep the public informed.
Housing Minister Megan Woods said the 100,000 target was overly ambitious and had led to “contracts being signed in places where there was little first-home buyer demand”.
This is Woods speak saying Twitford was an idiot. WE could have saved the taxpayers millions if Liarbour would have listened to reason. NO one ever actually believed in their 100,000 houses target. Now they have no targets.