Video will play in Play now Don't auto playNever auto playLabour plans to set up an affordable housing authority to buy land, fast-track the building of affordable homes and manage large-scale developments, including Labour's KiwiBuild policy. It will be responsible for delivering Labour's KiwiBuild policy (100,000 affordable homes over 10 years) and will have control of Crown land which is freed up for housing developments. The policy aims at building 100,000 affordable homes over 10 years, ratcheting up as the policy progressed. Labour leader Andrew Little set out the affordable housing policy at a speech in New Lynn this afternoon. It also included a rejigged version of Labour's 2013 KiwiBuild policy to build 100,000 affordable homes nationwide - half of them will now be in Auckland and range up to $600,000 for a standalone home.

Source: New Zealand Herald July 10, 2016 03:08 UTC