Twenty new housing areas for Nelson, Tasman
Housing supply in the Nelson-Tasman region has received a major boost with the establishment of 20 new Special Housing Areas (SHAs) with capacity for 1700 homes, Building and Construction Minister Dr Nick Smith announced today.
“The regional economy is booming and attracting new investment, jobs and population growth. This growth is welcomed but is putting pressure on housing supply and costs for both renters and home buyers. Opening up these 20 areas for housing and adding 1700 homes to supply is the key to improving affordability,” Dr Smith says.
The Tasman-Nelson SHAs were established as part of the renewed Housing Accords between the Government and the Tasman and Nelson councils in May and June of this year. The Tasman Accord set targets of 800 sections and 1100 homes over the next three years, while Nelson’s has targets of 450 sections and 900 homes over the same time.