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What's in the budget for housing?

NZ NewswireNZ Newswire 26/05/2016

More houses are being built to meet demand © Getty More houses are being built to meet demand WHAT'S IN THE BUDGET FOR HOUSING?

Not a lot, to be honest.

AUCKLAND HOUSING

Building and Housing Minister Nick Smith gets an extra $100m to continue looking at whether vacant Crown land in Auckland can be used for housing developments. He got just over $50m in last year's budget and all of it has been spent.

SOCIAL HOUSING

$200m to provide for at least 750 more social housing places in Auckland for those in the most need. The money will also be used to meet the cost of rising social housing rents.

EMERGENCY HOUSING

$41m to fund 3000 emergency housing places a year and establish a new special needs grant that people in need of emergency housing won't have to pay back.

WARMER, DRIER HOMES

$18m to extend the Warm Up NZ insulation programme for another two years, and another $18m over four years to expand the Healthy Homes Initiative to reduce preventable illnesses among young children who live in cold, damp homes.

WHERE'S THE NATIONAL POLICY STATEMENT?

The government will soon be releasing its National Policy Statement on Urban Development, which will direct councils to allow more housing development where necessary and measure the impact of their decisions on house prices.

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