Accord sets ambitious housing target
The signing of a Special Housing Accord aims to see the number of homes built in Rotorua almost treble in the next four years.
The Accord, signed by the Government and Rotorua Lakes Council, has a target of 900 new homes to be built in the coming four years, dwarfing the 374 homes built in the last four years.
The target for sections consen- ted is 1050, against just 316 over the last four years.
The Accord was signed by Rotorua Mayor Steve Chadwick and Housing Minister Nick Smith, who described the numbers as ‘‘ambitious yet achievable’’.
‘‘We’ve agreed a target of 900 dwellings and 1050 sections over the next four years, which will average out to 225 dwellings being consented each year,’’ said Smith.
Chadwick said the Accord would help address the growing demand for housing in the district.
‘‘It shows confidence in our district and acknowledges that Rotorua faces challenges because of an increase in our population,’’ she said.
‘‘We do welcome growth, but it presents a number of challenges putting pressure on roading and other infrastructure, our environment and housing. This agreement provides a mechanism to help address those challenges.
‘‘Now it is in place Council will be able to work with landlords and developers to see how we may be able to help them move forward with their building plans.’’
Rotorua MP Todd McClay described the targets as aggressive and said they would ease pressure on both the housing and rental market.
‘‘We are more than doubling the number of consents and this will result in more houses built more quickly. It will also be a huge boost for our local trades and construction sector,’’ he said.
‘‘This will ease pressure on the housing and rental market and mean more locals get into their first homes. Rotorua’s population is growing, our local economy is booming and unemployment is falling. Now the Council has the tools it needs to ensure that housing supply keeps up with demand.’’