Access a KiwiSaver HomeStart grant
On top of accessing your KiwiSaver funds, if you meet certain criteria you could access up to $20,000 worth of additional grants. There’s more to consider, and other options, but the key criteria include:
You’ve contributed the minimum amount of funds to KiwiSaver for a minimum of 3 years
You’re over 18 years of age
You’re building or buying your first home
Your pre-tax household income is under $80,000 for a single applicant and under $120,000 for 2 or more people
Your combined deposit, including the grant, equals at least 10% of the house’s purchase price
You need to live in the house for at least 6 months after the settlement date.