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$300m for emergency housing: Key

NZ NewswireNZ Newswire 7/11/2016
John Key © Fiona Goodall/Getty Images for The Department of Internal Affairs John Key

The government will spend $300 million investing in new emergency housing, Prime Minister John Key has announced.

The funding includes a $100 million loan to Housing New Zealand to be repaid within 10 years.

It's expected to create 1400 extra places for those in need, Mr Key said.

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