New Zealand Local Government Funding Agency has undertaken another GSS Loan to Tauranga City Council for the Te Manawataki o Te Papa green building project, incorporating a library and community hub, civic whare (public meeting house), museum, and exhibition gallery.
Under New Zealand Local Government Funding Agency (“LGFA”) Green Buildings category, Tauranga City Council (TCC) has commenced borrowing up to NZ$103 million towards developing the civic precinct that will see the city’s heart transformed into a vibrant community space over the coming years, breathing new life into what will become a key cultural, heritage and economic driver for the region.
The Te Manawataki o Te Papa project is the fourth green buildings project for GSS lending by LGFA since launching the programme at the end of 2021. As at 12 May 2025, LGFA has approved eligible projects totalling NZ$675 million and there have been NZ$418.9 million of GSS loans drawn to date.