Govt to underwrite SPV greenfield financing, up to $100m a pop
Housing Minister Chris Bishop says it doesn't mean ‘endless sprawl’, but is about housing choice and letting economics dictate where growth happens.
Drury South, where significant development is scoped.
Government says it will fund special purpose vehicles of up to $100 million to promote greenfield developments on city outskirts.
Housing and Infrastructure Minister Chris Bishop said the SPV programme, which comes in tandem with cutting red tape under the current Resource Management Act (RMA)
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