Affordable homes will create more opportunities for first home buyers in the Auckland market. These includes opportunities for first home buyers who live in Tāmaki or have a strong connection to the area. For Tāmaki Regeneration, affordable housing means a family should spend about 30% of its household income on mortgage repayments. This means that the definition of an affordable home differs, depending on a family’s circumstances. The aim is to ensure that people are able to buy a house that is affordable for them. You can use the KiwiSaver HomeStart grant to assist you in buying an affordable home.
Find out more about how to buy an affordable home here. Fill out the form below to find out if you are eligible.
Shared ownership homes
A shared ownership home is jointly owned by Tāmaki Regeneration and a family. Over time, the family can increase their proportion of ownership.
TRC are particularly interested in hearing from people who live in, or have a strong connection to Tāmaki. Fill out the form below to find out if you are eligible.