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Big housing build for eastern Victoria

Biggest ever investment in public and community housing.

By Portal Admin - 30th November 2020 - Back to News

The Victorian Government is making sure more Victorians have the security and stability of a home, with our state's – and Australia’s – biggest investment in public and community housing. Victorian Budget 2020/21 will deliver a historic $5.3 billion Big Housing Build to more than 12,000 new homes throughout metro and regional Victoria, as well as supporting around 10,000 jobs, per year over the next four years, supercharging Victoria’s economic recovery through the pandemic and beyond.

Stable housing is an essential in both preventing, and recovering, from mental health issues, that’s why this initiative will ensure that Victorians will be living in a secure place to call home

Boosting the state's social housing

This package will boost our state’s social housing supply by 10 per cent in just four years – providing a stable foundation for thousands of Victorians to build their lives. Cardinia Shire has been identified as one of 21 priority areas across Victoria, with expressions of interest now being sought from the housing and building sectors.

The investment will deliver 9,300 new social housing homes across the state – including replacing 1,100 old public housing units. This investment will help Aboriginal Victorians, pensioners, Victorians with disability, family violence victims and single parent families find their feet.

Of these new homes, 2,000 will be for Victorians living with mental illness, reflecting our commitment to mental health and fixing a broken system. A further 2,900 new affordable and low-cost homes will be built to help low-to-moderate income earners live closer to where they work and provide options for private rental.

Delivering secure, modern and affordable homes

The program will deliver secure, modern, and affordable homes throughout Victoria – with 25 percent of funding to be allocated to regional Victoria – including a minimum of $35 million for Baw Baw Shire and $60 million for Latrobe City. The new homes will meet 7-star energy efficiency standards, making them more comfortable during summer and winter, and saving tenants on their power bills.

The unprecedented investment will boost Victoria’s economic recovery, generating an estimated $6.7 billion in economic activity and supporting a peak of more than 18,000 jobs – with 10 percent of the work on major projects to be done by apprentices, cadets and trainees.

Hundreds of new jobs will be created for women, Aboriginal Victorians, people with disability, social housing tenants and people from diverse backgrounds through social procurement targets. Combined with new housing from existing investments such as the Public Housing Renewal Program and Social Housing Growth Fund, construction of more than 15,800 new homes will begin over the next four years.

Stability, modern, secure and fit-for-purpose accommodation

Member for Eastern Victoria Harriet Shing said, "This record investment in social and community housing will make a world of difference to people and families across our metropolitan and regional communities who need and deserve the stability and dignity of modern, secure and fit-for-purpose accommodation. Everyone deserves a safe and secure place to call home – this unprecedented funding will deliver exactly that, along with thousands of jobs."

Minister for Housing Richard Wynne said, "This unprecedented housing blitz will deliver new homes and jobs across Melbourne and regional Victoria. We’re delivering the biggest investment in social housing Victoria has ever seen – we’re not just investing in bricks and mortar, but the lives of Victorians for decades to come."

Pictures from Harriet Shing MP Facebook page.

Source: http://gippsland.com/

Published by: support@gippsland.com

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