When I heard National were handing out $1b to councils, my first question was: Where the hell did Bill English find a spare billion?
The Government says councils facing dire housing shortages are “incredibly enthusiastic” about the $1 billion infrastructure development fund that’s just been announced.
It’s the latest move to tackle the Government’s most pressing problem and Prime Minister John Key says it could help create “tens of thousands” of new homes.
He announced the initiative at the National Party’s annual conference in Christchurch on Sunday.
The fund will be open to councils in areas with high population growth – Auckland, Christchurch, Queenstown, Tauranga and Hamilton.
“I’ve spoken to all five of those councils, they are incredibly enthusiastic about its potential,” Building and Housing Minister Nick Smith told reporters.
“The Government wants pace around housing.” Read more »