ISSUE
Friday, August 22, 2025
Volume 16 . Issue 73
One of the most important concerns of new migrants in Auckland is buying their first home and according to New Zealand People’s Party’s housing policy; the party will provide ‘Interest-Free First Home Deposit Loan’ for five years. First home buyers in Auckland will be offered a loan of $100,000 and for people outside Auckland $60,000.
The housing policy was announced by NZPP leader Roshan Nauhria at the Campaign Launch event at Fickling Convention Centre in Three Kings on Sunday, August 6.
The New Zealand People’s Party has promised attention toward three primary concerns of the migrant communities in Auckland which is housing, law and order and immigration.
“If our party becomes a partner in forming the government after the general elections in September, we will make sure that our housing policy is implemented,” Mr Nauhria said.
First home buyers can take the benefit of this interest-free loan for five years, and after that, they will pay interest at the existing market rate which will be subjected to the discretion of the lending institutions.
This amount will be separate from the accrued KiwiSaver and what the government already provides to the first home buyers.
Mr Nauhria added that the cost of this initiative would be around $150 million per year which will generate benefits to at least 6,000 families every year.
The Party needs 180,000 votes in this September general election to be a part of the next government.
One of the most important concerns of new migrants in Auckland is buying their first home and according to New Zealand People’s Party’s housing policy; the party will provide ‘Interest-Free First Home Deposit Loan’ for five years. First home buyers in Auckland will be offered a loan of $100,000 and...
One of the most important concerns of new migrants in Auckland is buying their first home and according to New Zealand People’s Party’s housing policy; the party will provide ‘Interest-Free First Home Deposit Loan’ for five years. First home buyers in Auckland will be offered a loan of $100,000 and for people outside Auckland $60,000.
The housing policy was announced by NZPP leader Roshan Nauhria at the Campaign Launch event at Fickling Convention Centre in Three Kings on Sunday, August 6.
The New Zealand People’s Party has promised attention toward three primary concerns of the migrant communities in Auckland which is housing, law and order and immigration.
“If our party becomes a partner in forming the government after the general elections in September, we will make sure that our housing policy is implemented,” Mr Nauhria said.
First home buyers can take the benefit of this interest-free loan for five years, and after that, they will pay interest at the existing market rate which will be subjected to the discretion of the lending institutions.
This amount will be separate from the accrued KiwiSaver and what the government already provides to the first home buyers.
Mr Nauhria added that the cost of this initiative would be around $150 million per year which will generate benefits to at least 6,000 families every year.
The Party needs 180,000 votes in this September general election to be a part of the next government.
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