Articles tagged with Hamilton City
Government Approves Infrastructure Levy to Build 1,500 New Homes at Te Awa Lakes
2 days ago | 89 viewsThe Government has approved the use of an Infrastructure Funding and Financing (IFF) Act Levy to support the construction of around 1,500 new homes in the Te Awa Lakes development near Hamilton by funding up to $50 million in water and roading infrastructure. The IFF Act enables infrastructure costs to be financed through a Special Purpose Vehicle that charges levies to benefiting homeowners, bypassing local government borrowing constraints and allowing growth to pay for growth. Additionally, the Government is enhancing the IFF Act and supporting developments like Te Awa Lakes with the Greenfield Model to reduce financing costs and promote affordable housing growth.
Tags: Chris Bishop Te Awa Lakes Infrastructure Funding and Financing Act Hamilton City Council New Zealand Government Housing Minister IFF Act Levy Greenfield Model National Infrastructure Funding and Financing Limited Coalition GovernmentHamilton & Waikato Councils Unveil Groundbreaking Multi-Council Water Services Plan
8 months ago | 1877 viewsHamilton City and Waikato District Councils have collaborated on the first multi council water services delivery plan, aiming to benefit ratepayers by providing safe, reliable, and affordable drinking and wastewater services while keeping rate increases down. This joint effort, known as Local Water Done Well, ensures ongoing financial sustainability for 280,000 residents served by the combined organization, supporting infrastructure investment for growth and improved service quality over the next decade. Local Government Minister Simon Watts commends the councils for their proactive approach and encourages other councils to consider similar collaborative models to enhance community services.
Tags: Hamilton City Waikato District Councils water services Local Government Minister Simon Watts collaboration infrastructure ratepayers investment councils