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.
Heartland Bank - Online | 1.99 |
The Co-operative Bank - First Home Special | 2.09 |
HSBC Special | 2.25 |
ICBC | 2.25 |
HSBC Premier | 2.25 |
Kainga Ora - First Home Buyer Special | 2.25 |
AIA | 2.29 |
TSB Special | 2.29 |
The Co-operative Bank - Owner Occ | 2.29 |
SBS Bank Special | 2.29 |
Westpac Special | 2.29 |
Heartland Bank - Online | 2.35 |
ICBC | 2.35 |
HSBC Premier | 2.35 |
TSB Special | 2.49 |
SBS Bank Special | 2.49 |
The Co-operative Bank - Owner Occ | 2.59 |
BNZ - Classic | 2.59 |
ASB Bank | 2.59 |
AIA | 2.59 |
China Construction Bank Special | 2.65 |
Kiwibank Special | 2.65 |
HSBC Premier | 2.89 |
TSB Special | 2.99 |
AIA | 2.99 |
Westpac Special | 2.99 |
ICBC | 2.99 |
ASB Bank | 2.99 |
China Construction Bank Special | 2.99 |
BNZ - Classic | 2.99 |
SBS Bank Special | 3.19 |
Kiwibank Special | 3.19 |
The Co-operative Bank - Owner Occ | 3.19 |
Heartland Bank - Online | 2.50 |
Resimac | 3.39 |
Kiwibank - Offset | 3.40 |
Kiwibank Special | 3.40 |
Kiwibank | 3.40 |
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Select Home Loans | 3.49 |
ICBC | 3.69 |
The Co-operative Bank - Standard | 4.40 |
The Co-operative Bank - Owner Occ | 4.40 |
Kainga Ora | 4.43 |