First Home Grant

To help you buy your first home you may be able to get a one-off contribution from Kāinga Ora - Homes and Communities.

There are a few rules around how long you have been contributing to KiwiSaver, plus income and regional house price caps. You may also need to have a minimum deposit. 

Even if you have previously owned a home, you may still be able to get this one-off contribution. 

How much could I be eligible for?

The First Home Grant offers eligible home buyers up to $5,000 per person to buy an existing house (built and certified more than 12 months ago), and up to $10,000 per person for the purchase or build of a new home.

Purchasing an existing/older house

If you are purchasing an existing/older house you can get $1,000 per year for every year you have been contributing to your KiwiSaver account, up to $5,000.

KiwSaver ContributionsPer person
3 years $3,000
4 years $4,000
5 years $5,000

Purchasing or building a new house

If you are purchasing or building a new house you can get $2,000 per year for every year you have been contributing to your KiwiSaver account, up to $10,000.

KiwSaver ContributionsPer person
3 years $6,000
4 years $8,000
5 years $10,000

What's the process?

Found your dream home already

If you have already found a house, and have a signed sale and purchase agreement, apply for approval through Kāinga Ora - Homes and Communities by completing the application form. Your application must be completed at least 4 weeks before settlement or they may not pay out the grant. 

The First Home Grant is paid directly to your solicitor prior to settlement day.

Still looking for your dream home

Even if you haven’t found a house you’d like to buy, you can still apply for a First Home Grant pre-approval through Kāinga Ora - Homes and Communities by completing the application form

Once you have found a house you can complete the process. Your pre-approval will be valid for 180 days, and after that time you will need to re-apply.

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Am I eligible for a First Home Grant?

There are a number of eligibility criteria for the First Home Grant.

You must be 18 years or over and have contributed at least the minimum allowable amount of your total income to a KiwiSaver scheme, complying fund or exempt employer scheme regularly for at least three years.

A minimum deposit of 5% is required and there are rules around the type of property you are purchasing, whether you are a single buyer or purchasing with a group and if it is an existing property or new build.

Income and regional house price caps also apply, as outlined in the tables below.

You can view the complete list of criteria to see if you’re eligible for a First Home Grant by visiting the Kāinga Ora website

Previous home owners may still be eligible for a First Home Grant, however there are additional criteria around being in the same financial position as a first home buyer.

Income caps

Number of buyers

Income (before tax) in the last 12 months

Single buyer $85,000 or less
Two or more buyers Combined income of $130,000 or less

Regional house price caps

RegionHouse price cap for existing/older propertiesHouse price cap for new properties
Auckland, Queenstown Lakes District $600,000 $650,000
Hamilton City, Tauranga City, Western Bay of Plenty District, Kapiti Coast District, Porirua City, Upper Hutt City, Hutt City, Wellington City, Tasman District, Nelson City, Waimakariri District, Christchurch City, Selwyn District $500,000 $550,000
Rest of New Zealand $400,000 $500,000 


Withdrawal process

Simply complete the first or second chance home withdrawal form and give it to your solicitor who will submit the application to us on your behalf, with the following supporting documents:

  • Signed solicitor’s certificate
  • A copy of the solicitors bank deposit slip
  • A copy of the unconditional sale and purchase agreement

Please make sure your application is with us at least 10 working days before settlement.

The funds will be paid directly to your solicitor’s trust account prior to settlement.  If for any reason the purchase does not go ahead, your solicitor will repay the funds back to us and we will credit them back into your Summer KiwiSaver scheme account.

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