The Government plans to spend $540 million on infrastructure nationwide.
Housing Minister Megan Woods, who announced the plan from Hamilton, said that the money will be used to build new pipes, roads and cycle bridges, which will support the development of up to 16,600 new houses.
Hamilton is set to benefit the most from the Infrastructure Acceleration Fund. The city will receive $150.6 million of the total spend, more than any other city.
For Hamilton, the funding will allow for the construction of water infrastructure, including a new reservoir and pump station, and a pedestrian and cycle bridge, which will allow commuters to cross the river from the eastern suburbs to the city centre.
Woods said this funding would allow 4,000 new houses to be built within a 20-minute ride to the Hamilton CBD.
Funding has also been awarded to projects in Auckland, Tauranga, Christchurch, Kawakawa, Pahiatua, Kaikohe, Upper Hutt, Waipukurau and the West Coast.
As a result of the funding, the Auckland suburbs of Mt Albert and Pt Chevalier are also expected to grow by 4,000 houses.
Also in Auckland, $113 million will be used to widen Carrington Rd, adding bus and cycle lanes, and $7.3 million will go towards road-safety improvements across the city.
