Property

New Government housing agency established

It’s official: the Government’s new urban development and housing authority, Kāinga Ora, has been given the go-ahead after the necessary legislation passed its third reading in Parliament this week.

Friday, September 20th 2019

The Kāinga Ora – Homes and Communities Bill brings together Housing New Zealand (HNZ), its development subsidiary HLC, and the KiwiBuild Unit to establish a single Crown agency, which will be responsible for housing and urban development nationwide.

Urban Development Minister Phil Twyford says the intention is to create a one stop shop that will build thriving communities with a diverse mix of public, affordable and market housing.

“It will end the duplication, splitting of key roles, fragmented decision-making and limited coordination that occurred over recent years because house building programmes were spread across multiple agencies.”

Kāinga Ora will have two key roles: being a world-class public housing landlord and working in partnership to enable, facilitate and build urban development projects of all sizes.

Twyford says the agency will work closely with developers, iwi, local and central government and non-profit organisations to facilitate the development of urban environments where people want to live, work and play.

“Kāinga Ora is set up so it can work alongside others in a wide variety of ways – enabling and complementing, rather than competing with, the private sector. This will include working with the development sector on large scale urban development projects.”

Alongside this, the Government will be introducing companion legislation later this year to give Kāinga Ora the ability to undertake specified development projects.

These will be essential and complex projects that would struggle to progress under standard development processes, Twyford says. “Kāinga Ora will have a tool-box of powers to help housing and urban development be built at scale and pace.”

The new agency had long been intended to be a key part of the Government’s KiwiBuild programme. But, in the wake of the recent KiwiBuild reset, it is likely to gain greater prominence as the KiwiBuild Unit comes under its mandate.

Kāinga Ora, which will not be required to return a surplus to the Government, will become operational on October 1.

It’s worth noting that urban development is a key part of the Government’s plans in this area. To that end, the Government released its proposed National Policy Statement on Urban Development, which aims to tackle restrictive planning laws, last month.

Read more:

Rent-to-buy scheme key to KiwiBuild II 

New policy to address “failing cities” 

Comments

No comments yet

Most Read

Unity First Home Buyer special 3.95
SBS FirstHome Combo 4.19
ICBC 4.49
Kiwibank Special 4.49
Co-operative Bank - First Home Special 4.55
TSB Special 4.59
Kainga Ora 4.59
Unity Special 4.59
BNZ - Std 4.65
Co-operative Bank - Owner Occ 4.65
ASB Bank 4.65
Kiwibank Special 4.89
ICBC 4.89
Kainga Ora 4.95
China Construction Bank 4.95
Unity Special 5.09
Nelson Building Society 5.09
BNZ - Std 5.09
Westpac Special 5.19
TSB Special 5.19
SBS Bank Special 5.19
ASB Bank 5.25
Westpac Special 5.59
ICBC 5.65
Kainga Ora 5.69
TSB Special 5.79
BNZ - Std 5.79
SBS Bank Special 5.79
Kiwibank Special 5.79
Co-operative Bank - Owner Occ 5.89
ASB Bank 5.89
AIA - Go Home Loans 5.89
China Construction Bank 5.99
SBS FirstHome Combo 3.29
AIA - Back My Build 3.34
SBS Construction lending for FHB 3.74
CFML 321 Loans 3.95
Co-operative Bank - Owner Occ 4.99
Co-operative Bank - Standard 4.99
Heartland Bank - Online 5.30
ICBC 5.39
Kiwibank - Offset 5.65
Kiwibank Special 5.65
Kiwibank 5.65

More Stories

Thursday, February 19th 2026

RBNZ expects slower house price growth in the current recovery

The Reserve Bank thinks house prices will rise at a much slower pace during the current recovery than they have in past cycles.

Wednesday, January 07th 2026

Queenstown not off the radar for first home buyers

First home buyers are not being deterred by Queenstown’s soaring house prices.

Record levels of first home buyers taking out low deposit loans

Tuesday, December 23rd 2025

Record levels of first home buyers taking out low deposit loans

About half of all first home buyer lending has been done at a less than 20% deposit in recent months.

Buyers sitting on the sidelines in best time to buy in a decade

Thursday, December 04th 2025

Buyers sitting on the sidelines in best time to buy in a decade

Stable house prices, low interest rates and plenty of houses to choose from are still not enticing buyers.