2. KiwiBuild—Targets and ImpactPRIYANCA RADHAKRISHNAN (Labour) to the Minister of Housing and Urban DevelopmentKiwiBuild—Targets and Impact2. PRIYANCA RADHAKRISHNAN (Labour) to the Minister of Housing and Urban Development: Tēnā koe e te Mana Whakawā. And acknowledging Hindi Language Week: namaste shrimaan sabha pati ji. Mera sawal Housing and Urban Development mantra ke liye hain. My question is to the Minister of Housing and Urban Development and reads: what progress has he made towards the Government's target for building KiwiBuild homes?Hon PHIL TWYFORD (Minister of Housing and Urban Development): Namaste shrimaan sabha pati ji. This morning I announced that the ballot for 25 stylish apartments in Onehunga will open next week in the first KiwiBuild development under the buying off the plans initiative. The architecturally designed apartments will be built to high specifications to minimise ongoing maintenance costs and maximise living space. They are available to eligible KiwiBuild buyers—six studio apartments priced from $380000 12 one-bedroom apartments priced from $490000 and seven two-bedroom apartments priced at $600000.SPEAKER: Before I take the supplementary I just want to tell Mr King that probably the fact that he interjected loudly drew my attention to the fact that he appears to be eating his lunch. You're not allowed to eat in the House.Priyanca Radhakrishnan: When will these homes be completed?Hon PHIL TWYFORD: Construction on these homes started today. The ballot opens next week and they're due to be completed in August 2019.Priyanca Radhakrishnan: What did the developer say about how KiwiBuild accelerates the construction of affordable homes?Hon PHIL TWYFORD: Well Shane Brealey from NZ Living said this morning that KiwiBuild enabled him to get under way faster and with reduced costs. KiwiBuild has allowed this development to go from land purchase to construction in just two months when it would normally take at least six months.Priyanca Radhakrishnan: Has KiwiBuild reduced the costs of the developments and the purchase price of homes by first-home buyers?Hon PHIL TWYFORD: Well the developer said today that KiwiBuild is reducing the cost of affordable housing by reducing the risk that developers face the time it takes to get developments off the ground and the time that capital is tied up. He said that this is reflected in a lower purchase price for KiwiBuild homes making them affordable for first-home buyers. To quote Mr Brealey directly If it was a non-KiwiBuild project it may be that we couldn't start for six maybe 12 months." The efficiencies of being able to get going fast fall to the benefit of KiwiBuild buyers.Hon Judith Collins: How does a studio apartment the size of a double garage meet his statement in June this year that KiwiBuild homes will be for Kiwi families who want "a decent place to raise kids and enjoy life."?Hon PHIL TWYFORD: We're building through the KiwiBuild programme one-bedroom apartments two-bedroom apartments three-bedroom stand-alone homes flats townhouses apartments and all manner of new houses—the kind of affordable housing that communities need in this country that that party never delivered in nine years in office."