- Homes deemed “affordable” could cost up to $550,000 at a new Christchurch development.
Ngai Tahu’s development company has agreed to build 180 affordable houses at its 600-home development on 40 hectares west of Riccarton Park Racecourse.
The definition of affordable is up to $550,000, which is the threshold to access the Government’s KiwiSaver HomeStart grant in Christchurch.
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Ngai Tahu’s new development in west Christchurch will be built in stages.