Accord fast-tracks developments
Housing Minister Nick Smith said it would deliver thousands of new homes for Auckland by streamlining the planning and consent process.
“This balanced and pragmatic agreement addresses the economic risks to New Zealand’s economy of an over-heated and supply constrained Auckland housing market. It is good news for Auckland families wanting access to more affordable houses to buy and rent.”
Auckland’s housing stock is not keeping pace with population increases. It is estimated there are 20,000 to few homes in the city and only 3600 are being built a year.
The draft Auckland Unitary Plan is intended to counteract the problem with increased intensification, but will not take effect for three years.
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