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19 Mar 2025 18:18
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  •   Home > News > Politics

    Optimism over a new underwriting scheme - set up to stimulate housing construction

    Optimism over a new underwriting scheme - set up to stimulate housing construction


    The Residential Development Underwrite finances eligible developers - for projects with at least 30 houses

    It's intended to speed up the developments during the economic downturn and for buyers entering the market as interest rates drop.

    New Zealand Certified Builders chief executive Malcolm Fleming says builders working on stalled projects will immediately benefit.

    Meanwhile, he says architects and designers will benefit from the not-yet-designed greenfield site projects - as many have been actively looking for work.

    © 2025 Newstalk ZB, NZCity

     Other Politics News
     19 Mar: Fluoride will be added to Whangarei's water supply from today, with the possibility of stopping later - with the High Court still not reaching a decision on allowing a pause
     19 Mar: A push for more schools to take on bullying prevention programmes, which are proving to be effective
     19 Mar: Fresh Israeli strikes on Gaza prompt alarm, calls for restraint from world leaders
     18 Mar: Auckland's local boards are off the hook for now, on bearing the brunt of a multi-million-dollar deficit
     18 Mar: Fiscal services are being urged to reach out to younger generations struggling with money
     18 Mar: The Foreign Affairs Minister is sure New Zealand's concerns about Pacific aid have been heard in Washington DC
     18 Mar: Rwanda has moved people into model ‘green’ villages: is life better there?
     Top Stories

    RUGBY RUGBY
    A couple of All Blacks will sit out Moana Pasifika's home game against the Chiefs in Pukekohe on Friday night with minor injuries More...


    BUSINESS BUSINESS
    Clear data on the rise in rent - over the past five years More...



     Today's News

    Entertainment:
    Catherine, Princess of Wales wants to take her children to Australia and New Zealand 18:14

    Rugby:
    A couple of All Blacks will sit out Moana Pasifika's home game against the Chiefs in Pukekohe on Friday night with minor injuries 18:07

    Rugby League:
    Teenager Sam Ruthe will attempt to become the youngest person to break the four-minute mile shortly at Mount Smart Stadium 17:57

    Rugby:
    From a dead heat finish at the nationals to a record-breaking mile attempt at Mt Smart 17:57

    Entertainment:
    Kimberly Stewart is pregnant 17:44

    Law and Order:
    Three young people have been arrested after a string of early morning burglaries in North Canterbury's Rangiora 17:27

    Entertainment:
    Drake Bell has received apologies from stars who publicly supported Brian Peck 17:14

    Business:
    Clear data on the rise in rent - over the past five years 17:07

    Law and Order:
    Two men have been charged with murder - over the arson death of an elderly Lower Hutt man last year 16:57

    Entertainment:
    Salma Hayek avoids technology as much as she can 16:44


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