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Agreement opens up land for housing

NZ NewswireNZ Newswire 26/04/2016

The government has signed an agreement with Ngati Whatua which gives the green light for a 400-home development at Hobsonville.

Housing Minister Nick Smith says the subdivision will go ahead next summer with the first homes completed in early 2018.

Dr Smith says 15 per cent will cost below $450,000, 7.5 per cent below $500,000 and 7.5 per cent below $550,000.

At least 50 per cent of them will go to first home buyers and the other 50 per cent will be sold below Auckland's median house price.

Ngati Whatua had right of first refusal over the surplus land at Hobsonville and has signed a memorandum of understanding about its use for housing.

Dr Smith says a similar agreement is being explored with Ngati Whatua involving 18ha of land in north west Auckland owned by NZTA.

"There is no sense in having surplus Crown land sitting vacant when Auckland has major housing issues derived from a shortage of land," he said.

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