Green Party secure a progressive home ownership scheme as part of KiwiBuild reset

Green Party of Aotearoa New Zealand

Green Party Co-leader and housing spokesperson Marama Davidson today welcomed the change to KiwiBuild that include $400 million earmarked for progressive homeownership.

Green Party Co-leader and housing spokesperson Marama Davidson today welcomed the change to KiwiBuild that include $400 million earmarked for progressive homeownership.

"We secured a progressive home ownership scheme as part of KiwiBuild when we entered Government and that's exactly what we've seen announced today.

"$400 million will deliver meaningful change for the people who are locked out of home ownership by high rents and low wages.

"Saving a deposit for a home is no longer achievable for many New Zealanders. The way we have approached housing in this country has increasingly locked people out.

"As a Government we will now be rolling out progressive homeownership schemes, and supporting community housing providers and iwi to deliver progressive home ownership.

This announcement is a great start because it provides a pathway to affordable home ownership for those most in need.

"At the same time, we will continue to build more public houses per year than any Government of the past three decades, and will also be taking steps to rebalance the rental market. This is a significant programme of work to truly transform our approach to housing in Aotearoa," says Marama Davidson.

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