The government is allocating $4 million from the Regional Infrastructure Fund to develop supporting infrastructure for the Bisset Road social housing initiative in Kaikohe.
“The RIF is designed to support projects that deliver regional benefits, and Bisset Road is a prime example. Kaikohe needs more warm, secure, affordable homes, especially for workers for its growing businesses, and this funding will help,” Regional Development Minister Shane Jones said.
The Regional Infrastructure Fund (RIF) will fund key infrastructure, including roads, stormwater and wastewater systems, plus utilities for power and telecommunications.
“More widely, the project means Ngāpuhi rangatahi and local tradespeople can gain apprenticeships and hands-on experience as this project rolls out. It means jobs for locals and a stronger regional workforce.”
“The build will help strengthen regional supply chains by using local timber and contractors and will provide good quality, affordable homes for whānau.”
The Fast-Track-approved Bisset Road development will deliver up to 100 new affordable rentals, with rents capped at 80% of market rates for a minimum of 25 years.
“The project demonstrates how community-led activities can deliver long-term outcomes for whānau, hapū, and communities across Te Tai Tokerau,” Māori Development Minister Tama Potaka said.
Community housing provider Te Hau Ora o Ngāpuhi Limited, the health and social services arm of iwi authority Te Rūnanga ā Iwi o Ngāpuhi, is leading the development.
Further funding includes a $29.7 million grant from the Ministry of Housing and Urban Development, plus a $13.6 million loan from Auckland-based social enterprise Community Finance.