Low-cost housing grants?

Thom asks:
(updated on Wednesday, November 28th 2012)

I have a two house, five lot subdivision with resource consent in Fairfield , Hamilton City. I am interested in developing by completing subdivision and building or placing three three bedroom homes on the additional sections. These will be in the $320,000 to $340,000 range. Are there any grants or help available to help with low cost homes construction in Hamilton?

Our Experts Answer:

Generally there are no grants available to individual land owners. If you are intending to sell the properties and are having trouble financing the whole project there are a number of companies who help put new homes buyers together with land owners and house builders.

Most Read

Unity First Home Buyer special 3.95
SBS FirstHome Combo 3.99
TSB Special 4.49
SBS Bank Special 4.49
Co-operative Bank - First Home Special 4.49
ICBC 4.49
Unity Special 4.49
ASB Bank 4.59
ANZ Special 4.59
Westpac Special 4.59
Kiwibank Special 4.59
ICBC 4.89
Unity Special 4.89
BNZ - Std 4.89
Kiwibank Special 4.89
Kainga Ora 4.95
China Construction Bank 4.95
TSB Special 5.09
ANZ Special 5.09
ASB Bank 5.09
SBS Bank Special 5.09
Nelson Building Society 5.09
Westpac Special 5.59
ICBC 5.65
Kainga Ora 5.69
TSB Special 5.69
SBS Bank Special 5.69
AIA - Go Home Loans 5.69
ASB Bank 5.69
BNZ - Std 5.79
Co-operative Bank - Owner Occ 5.89
Kiwibank Special 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 5.75
Unity Standard 5.79