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Source: Housing New Zealand Corporation

The Government has today made it easier for first home buyers wanting to apply for a Kiwibuild home using the HomeStart grant and Welcome Home Loan.

The HomeStart grant and Welcome Home Loan house price caps for new builds outside the main centres are increasing to $500,000. Aligning the HomeStart, Welcome Home Loan and KiwiBuild house price caps will help support the sale of KiwiBuild homes and make administration simpler for buyers.

Read the Minister’s announcement here.