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"Significant investment": Auckland Council to buy over 1200 flood-affected properties

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Newstalk ob体育接口,
Publish Date
Tue, 15 Apr 2025, 9:43am
The Auckland floods damaged more than 7000 homes. Photo / Alex Burton
The Auckland floods damaged more than 7000 homes. Photo / Alex Burton

"Significant investment": Auckland Council to buy over 1200 flood-affected properties

Author
Newstalk ob体育接口,
Publish Date
Tue, 15 Apr 2025, 9:43am

Auckland Council's set to put $352 million into purchasing homes in high-risk flood zones.  

More than 1200 properties will be bought by the end of the year, and a large amount of the land will be retained for flood resilience. 

Auckland Council Group Recovery Manager Mace Ward told Ryan Bridge it's a significant investment in future resilience for Auckland. 

He says over $1.2 billion will be put in between Crown and Council funding. 

Ward says there鈥檚 an opportunity for development, and around 30% of the properties could be redeveloped for residential use. 

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