The Government’s former flagship housing policy is so far behind schedule it will take more than 400 years to reach its initial target of 100,000 homes. It had hoped to reach the target in 10 years.
Initially, the Government had been hoping the rate of building would increase over time as KiwiBuild ramped up, with 1,000 homes built in the first year, 5,000 in the second, and 10,000 in the third, but the rate of building is slowing.
Each month in 2020 seeing tiny increases in the number of KiwiBuild homes built.
The number of KiwiBuild homes built to date stood at 393 at the end of March, equating to roughly 19 homes built each month since the scheme began in June 2018.
Last year, the Government admitted the project had failed to deliver. Phil Twyford was sacked as housing Minister and replaced with Megan Woods.
She “reset” the policy. The 100,000 home target, which Labour had stuck to until then was ditched. Instead, Woods said a “significant” number of KiwiBuild homes would be built.
The Government also pivoted towards social housing, where it has had considerably more success. It had built 2,726 state houses and 470 community houses between June 2018 and March 2020.
Woods also doubled the Government’s house-building efforts in the 2020 budget, pledging to build 8000 new state homes.
National’s incoming housing spokesperson Nicola Willis said KiwiBuild was “a broken promise on a colossal scale — it’s the biggest public policy failure in a generation”.
“KiwiBuild has become a byword for incompetence. It’s emblematic of a failure to deliver,” she said.
Willis said Labour raised voters’ hopes with an undeliverable policy.
“Labour knowingly raised people’s hopes, those hopes are now dashed. The question is did they ever have a plan to deliver?
At that rate it would take 436 years to complete the remaining 99,607 houses that remain from the 100,000 target.