People in queue for low-cost sections
At least 2000 residential sections are in the pipeline for Wanaka, pending consent decisions. However, it is likely just a small handful of those will be set aside for the district’s affordable housing scheme.
The 20 affordable sections set aside in the yet-to-be-confirmed Northlake subdivision, will not cover the 29 Wanaka households currently on the Queenstown Lakes Affordable Housing trust waiting list.
And if Northlake doesn’t get the ‘‘yield trigger point’’ of at least 775 sections, it’s likely none will be set aside for the $160,000 section deal set out in the Northlake plan change, lawyer Warwick Goldsmith told the Environment Court last week.
Since it was established in 2007, the trust has provided housing for low to moderate income households, contributing to the district’s social, economic and environmental well-being.
Households register on line and if deemed eligible, may receive a starter loan or enter a rent saver agreement with the trust.
Developers can enter stakeholder agreements with the Queenstown Lakes District
It’s a numbers game for affordable housing in Wanaka. Council, to set aside land or pay cash levies into the scheme.
Not all choose to do so, but Wanaka development companies Northlake Investments Ltd and Infinity Investments Ltd are among those who have signed confidential agreements to support the scheme.
Willowridge Developments Ltd, to date, has not signed to it but has offered its own ‘‘affordable’’ deals, such as its Lake Hawea development, Timsfield.
Trust executive officer Julie Scott says developers typically agree to set aside about 5 per cent of titled sections and the scheme has worked ‘‘exceptionally well’’.
There are 14 Wanaka households presently on the trust’s scheme, apart from the 29 on the waiting list.
While this doesn’t seem many, compared with the number of sections being applied for, Scott said the waiting list is relative to Wanaka’s population and proportionately, is ‘‘right on par’’ with demand in Queenstown.
Another four Wanaka households that were on the programme have left the district, she said.
‘‘And that’s only the people who have registered interest. If we did a big marketing push, I know the numbers would go up.’’
But if they did that push, the trust has not got the stock.
Queenstown Lakes general manager of planning and infrastructure, Marc Bretherton, said with at least 2000 sections possible through collective consent applications, ‘‘Wanaka doesn’t have a lack of supply of residential land in any shape or form’’.
‘‘What Wanaka could do with is a bit more diversity, in section sizes in particular. Smaller sizes could mean cheaper prices . . . Some people might be happier in duplexes on smaller sections. By that, I’m thinking the aging population, people who are looking at moving off their larger sections,’’ Bretherton said.
Decisions: 85: Households currently being supported by the Queenstown Lakes Affordable Housing Trust; 14 in Wanaka. 258: Eligible households on the trust’s waiting list in January; 29 from Wanaka 800: Households in Queenstown Lakes district who have registered expressions of interest with the trust.