The Government has signed off deals to build 740 homes on spare land in Auckland, some of which must be sold for "affordable" prices.
Housing Minister Nick Smith confirmed this afternoon that the Government had completed negotiations on three sites in Manukau, Mt Albert, and Waterview.
The biggest development was a 1.85 hectare site at Manukau Station Road, where up to 600 apartments would be built. The land was bought off the Auckland Council.
A 0.91 hectare site on Great North Road in Waterview would fit another 80 new homes. It was previously owned by the New Zealand Transport Agency (NZTA) and was leased to a boarding hostel.
The 0.47 hectare site in Mt Albert, on the corner of New North Road and Soljak Place, was bought from the NZTA and a private landowner and will fit 60 townhouse apartments.