Improving infrastructure funding and finance for housing and urban development

The Government has announced changes to help improve how we fund and finance housing and urban development across Aotearoa New Zealand.

The improvements to infrastructure funding and financing reflect the Government’s overarching approach of ‘growth pays for growth’ to enable more flexible provision of infrastructure that responds to development.

Alongside the draft Bill for development levies, the Government has released a consultation document explaining the underlying policy for the Bill and seeking feedback on the proposed content of regulations which will support implementation.