The government, with support from Auckland Council, has unveiled a "hybrid" proposal for at least seven team bases in the Wynyard area.
New laws, a new boat design and other factors could see a different unit from the one in Bermuda.
Burling again was quick to give credit to his team-mates for bringing the Auld Mug back to NZ shores.
The funding matches a similar amount the Government put in to Team NZ following their heart breaking loss in 2013.
Team NZ's principal Matteo de Nora has revealed that the victorious Kiwi syndicate purposely hid their abilities in the starting box.
Glenn Ashby said beer tasted pretty good out of the Auld Mug, while Peter Burling said exhaustion was starting to set in.
"Every time we do a tack or a gybe or whatever, I've just been going 'hold on, hold on' and they have."
"I think more about the America's Cup than my family," said Jimmy Spithill.
Burling said it was his tactical error which handed Oracle their first win in the finals series in Bermuda.
Jimmy Spithill reckoned "it's only just beginning" after claiming his first win of the finals series.