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How will the Ministry of Housing and Urban Development verify the development cost, capital structure, operating cost, and contingency information submitted by applicants under the new cost-based funding model?

Answered Question 19168 (2026)
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Asked by

Kieran McAnulty

List MP · Labour Party

Question

  • How will the Ministry of Housing and Urban Development verify the development cost, capital structure, operating cost, and contingency information submitted by applicants under the new cost-based funding model?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Housing

Answer

As part of the procurement process, I expect that the Ministry will undertake appropriate due diligence to verify this information