Kāinga Ora halts hundreds of housing developments and sells vacant land

RNZ1NewsNZ HeraldStuffThursday 19 June 2025 · 4 outlets · 3 reports · updated

In this story Kāinga Ora

Photo: NZ Herald (opens in new tab)

The state housing agency is stopping over 200 housing projects and selling 36 hectares of vacant land as part of a reset plan. These decisions, made because some projects no longer offer value for money, will result in accounting write-downs of between $190 million and $220 million.

How they headlined it

First reported by RNZ, Thu 19 Jun 2025, 10:35am · 3 reports from 3 outlets over 2 hours
  1. RNZRNZ

    Kāinga Ora halts hundreds of housing developments, sells vacant land (opens in new tab)

    Also on 1News (opens in new tab)

  2. NZ HeraldNZ Herald

    Kāinga Ora cans hundreds of social housing building projects after review, takes up to $180m hit (opens in new tab)

  3. StuffStuff

    Kāinga Ora to halt over 200 developments, sell vacant land (opens in new tab)