NZ Urban Development news from the media | 1 August 2023 | Progressive Home Ownership changes increase opportunities for first home buyers


Hi *|FNAME|*, Please find below Urban Development News from the media from the week of 1 August 2023.

Provided by Rockhopper Development Management & Property Advisory, a member of:                             

Progressive Home Ownership changes increase opportunities for first home buyers 

Changes are being made to the PHO scheme from 14 August 2023 to help address some of the barriers individuals, families and whānau face purchasing their own homes through the Progressive Home Ownership (PHO) scheme.

The PHO programme is aimed at increasing home ownership for people who might otherwise not be able to afford a home. Introduced in 2020, the $400 million PHO programme aims to helps people into home ownership, focusing on whānau with tamariki, Māori, and Pacific peoples. The programme aims to get at least 1,500 households contracted by June 2024. 

PHO has currently has 861 households contracted, as at 30 June 2023.

Drury Town Centre gets fast-track consent

Kiwi Property is seeking information on the council's controversial 30-year contributions decision

A major housing and retail development at Drury has secured fast-track approval to start building eight months after securing site rezoning.

An independent panel of the Environmental Protection Authority has approved resource consent for Kiwi Property to subdivide and develop land in Drury, South Auckland under the fast-track scheme.

The rural area in South Auckland could reach the size of Napier over the next 30 years.

Have your say on the future of our public transport system

Auckland Transport (AT) has developed proposals to improve our public transport system over the next eight years.

The organisation is now asking Aucklanders for their thoughts on the proposed Regional Public Transport Plan 2023-203, by 17 August 2023.

Stacey van der Putten, AT’s Executive General Manager Public Transport Services, says Aucklanders should have their say about how we will be travelling around our city over the next decade as we continue to grow as a city.

“The plan outlines how we will manage and improve public transport over the next eight years; the services that will operate during this time; the goals, policies, and actions that will shape public transport; and how we will monitor the performance of the public transport system.

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