Housing Minister Phil Heatley Announces Housing Initiatives at Hobsonville Point

This afternoon Minister Heatley announced an initiative at Hobsonville Point that will help average wage earning Auckland families achieve their dream of home ownership. 20% of homes build at Hobsonville Point will be sold for under $485,000 and half of these will be sold for under $400,000. Along with mid-priced and upper end priced homes, these more affordable homes will be part of a wide mix of house types and price points. The Minister also confirmed the approval of Hobsonville Land Company’s Business Plan for the next 5 years. A summary of the Business Plan can be found here.