Infrastructure Acceleration Fund April update

Published on 27 April 2022

Photo of a construction site

In August and October 2021 we advised on the Expression of Interest process for Kāinga Ora’s Infrastructure Acceleration Fund (IAF).

The IAF is a key component of the Government’s $3.8 billion Housing Acceleration Fund announced in March 2021. The contestable fund of at least $1 billion was launched on 30 June 2021 with an invitation for expressions of interest from councils, iwi and developers. The IAF will seek to enable housing development in areas of need throughout Aotearoa New Zealand through the allocation of funds.

As part of this work, in March 2022 council prepared a map of all current and future proposed developments in Upper Hutt.

Kāinga Ora confirmed that four applications were invited to progress to the Request for Proposal (RFP) stage, these were: Cannon Point Totara Park, St Patrick’s College Silverstream, Silverstream Spur Road/Infrastructure Corridor, and Trentham Racecourse. An update on if these projects are successful in the RFP stage run by Kāinga Ora, is due by May 2022.

Regardless of the decision yet to be reached by Kāinga Ora on these four developments, further Council decision making processes would need to be followed under the Resource Management Act and within the next 2024-34 Long Term Plan process and both would require public consultation. It is important to note that the IAF is no guarantee of future work commencing until other consultation and decision-making processes are completed.

We’ll continue to keep you updated as we work through the process.