Interest free government loans for Tauranga and Waikato boards to improve water infrastructure | 1 NEWS



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The Government provides Tauranga City Council with a $ 158 million, 10-year interest-free loan for the development of major projects to improve water and wastewater infrastructure



. Source: 1 NEWS

The Waikato District Council will also receive a $ 38 million interest-free loan to support new residential construction projects, including the expansion of water supply, reservoirs and crosslinking. Housing and Urban Development Minister Phil Twyford said in a statement

that housing demand is increasing in Plenty Bay and Waikato, with improvements to the water treatment plant's infrastructure. of Te Maunga and the addition of a new Waiari water treatment plant intends to provide water and wastewater to 35,000 households in Tauranga.

million. Twyford said that if Auckland's housing problems had been widely highlighted, "some signs show that Auckland's housing problems are heading south."

and infrastructure funding will go a long way toward easing pressure on these boards.

The loans would come from the $ 1 billion Housing Infrastructure Fund.

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