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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’s an opportunity for development, and around 30% of the properties could be redeveloped for residential use.
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See omnystudio.com/listener for privacy information.
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’s an opportunity for development, and around 30% of the properties could be redeveloped for residential use.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
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