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Here is another interesting Wellington real estate related news article that we thought may provide you with helpful information.
News from WCC
The Wellington City Council’s 10-year plan sets out a clear road map to deliver on our vision for all Wellingtonians to have a safe, dry, warm homes, says Mayor Justin Lester.
Mayor Lester says the Council’s plan contains a raft of short, medium and long-term housing initiatives to address the complex housing issue.
“In a city with a growing population we want to make sure that all our residents not only have homes, but that they have homes which are warm, dry, safe and affordable; it’s a challenge but trust us, we’re working on it.”
The 10-year plan includes investment of $22 million of capital and $5.7 million of operational funding to deliver the Council’s housing strategy. The council will also provide 750 affordable and social homes.
Other projects include establishing new entities to deliver housing and urban regeneration projects, and working with owners on the conversion of inner city commercial buildings to apartments.
“We’re also working positively with Government agencies to deliver Te Whare Oki Oki and expect to begin this in the 2018/19 financial year.”
Housing portfolio leader Councillor Brian Dawson says as one of the biggest……….
Continue reading this article at the original source from Scoop Wellington
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