Waikato Regional Council wants to loan moan to future proof homes.
It has unveiled a proposal in its 10-year plan which would see up to $35 million made available in loans to turn cold, damp houses into healthy homes.
The project would see the loans made available at a 4 per cent interest rate.
Regional Counicl cairman Russ Rimmington says the plan, “stolen” from the Hawke’s Bay Regional Council is not a silver bullet, but it is start.
The News takes a look at the plan and why Rimmington says it’s time for his council to “stop thinking about stop banks” and take steps to break the country’s housing crisis.