122 in Waimakariri receiving help into first homes, MP says

Waimakariri news
Tuesday, December 1, 2015

A total of 122 people in Waimakariri are receiving help to buy their first home through Government’s new $435 million KiwiSaver HomeStart scheme, Waimakariri MP Matt Doocey says.

The figures were released six months after Government doubled its support for first-home buyers through KiwiSaver HomeStart in April.  Couples can apply for grants of up to $10,000 for a deposit on an existing home and up to $20,000 for a new-build.

Doocey said that in Waimakariri $548,000 in grants had been paid.  “This is the most generous support for first home buyers in more than a generation.”

The MP said he was pleased so many young families were taking up support to get into their own homes.