10 Sep 2021

Koru Kainga property project trades profit to help first home buyers

From Morning Report, 6:19 am on 10 September 2021

A Lower Hutt property developer and a collective of Māori-owned businesses are sacrificing millions of dollars in profit to help first home-buyers.

The Koru Kainga project started in 2018 as a KiwiBuild scheme - until escalating costs threatened to turn it into yet another high-end expensive project.

But then the developers listened to the community and turned away from the cash.