networkn:
The criteria wasn't set prior to the election. I can't prove that now, because I didn't take screenshots. It's been evolving constantly. There was a lot of critism from pundits that the Kiwibuild pages were pretty much empty of detail. Every word I heard from JA and Co was 100K NEW homes. That's pretty unequivocal and also exceptionally misleading since that was obviously never going to be the case no matter how they sliced it. Don't forget that pre election the supposed value of the homes was much less than they stated post election. Between 50-80K less in some cases. They aren't really "affordable now", they are more a case of "more affordable"
Kiwibuilds criteria is that homes had to be at a specific price point, right? So how would it work if you can't finance it and Kiwibuild buys it (I've never seen anything or heard anything about it and certainly not pre-election, and it's the kind of thing I'd remember since it's crazy)? Are you suggesting that you want a home for 800K and can't afford it, that Kiwibuild will buy it, and resell it for a loss to you so that the Kiwibuild home fits under the 650K for 3 bedrooms for your area or whatever it is? Or are you saying that if you don't meet the eligibility criteria for finance on a home, then you can run to to the Government who will ignore these criteria, buy the home for you, and loan you money anyway?
From the Labour party Election 2017 website:
Build 100,000 affordable homes across the country
Labour’s KiwiBuild programme will build 100,000 high quality, affordable homes over 10 years, with 50% of them in Auckland. Standalone houses in Auckland will cost $500,000 to $600,000, with apartments and townhouses under $500,000. Outside Auckland, houses will range from $300,000 to $500,000.
https://www.labour.org.nz/housing