3 oct. 2013 - Weymouth: Affordable housing development - starts

Description:

The Government and the Auckland Council announced a community housing development involving 282 social and affordable homes on surplus Government land at Weymouth in South Auckland.
Of the new houses, 169 would be community and social housing with the remaining 113 affordable housing for first-home buyers. The affordable houses were to be priced between $325,000 and $475,000 and were to be made available through rent-to-buy and assisted home ownership programmes to first-home buyers on modest incomes.
The development was led by Ngä Mana Whenua o Tämaki Makaurau (the Tämaki Collective), along with members of the Auckland Community Housing Network, including the New Zealand Housing Foundation, CORT Community Trust, the Auckland and Onehunga Hostel Endowment Trust and Habitat for Humanity).
The Weymouth development was also the first Special Housing Area announced under the recently enacted Housing Accords and Special Housing Areas Act 2013.and the Auckland Housing Accord (signed on 10 May 2013). This enabled the subdivision to be fast-tracked, with the first homes ready for occupation in mid-2014 and the entire development scheduled for completion by 2017.
The Government owned land (16 hectares) was sold for $8.9 million. The development was funded through a grant from the Social Housing Fund ($29 million), investment by the community social housing providers and the sale of 113 homes to first-home buyers. The development also included 3.7 hectares of parks and reserves. When completed, the development was expected to house 1,250 people.

Source: https://www.msd.govt.nz/about-msd-and-our-work/about-msd/history/social-assistance-chronology-programme-history.html

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