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Govt to tap Kiwibuild cash to ‘keep builds going’

Hundreds of millions of repurposed failed scheme funding will be used to ensure build rates are maintained, Government says.

Ministers Chris Bishop and Chris Penk.

Government will redirect residual funds from the now-closed KiwiBuild programme into an underwrite scheme aimed at “keeping building going” during the market downturn.

The residential development underwrite idea, rolled out on Friday by Housing Minister Chris Bishop and Building and Construction

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Brent Melville Fri, 04 Oct 2024
Contact the Writer: bmelville@nbr.co.nz
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Govt to tap Kiwibuild cash to ‘keep builds going’
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