Around 750 new affordable homes will soon rise in Wellington, 105 of which are underway.
• The 20-year housing upgrade programme, which started in 2008, is intended to address housing issues in the capital so it won’t end up like Auckland.
• Many of the homes will be built in 3 years, including 105 social housing units currently under construction, which costs $33m.
• The $200 million project is a major development in how the city handles housing, which is different from Auckland-style housing crisis.
• Affordable housing meant the sale cost will be below the median house price for Wellington, which is currently $530,175.
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