More than 13,700 new social and affordable homes across Australia are another step closer, Prime Minister Anthony Albanese announced this week.
The first round of the Government’s Housing Australia Future Fund (HAFF) and National Housing Accord (NHA) programs will deliver 4,220 social and 9,522 affordable homes, including 1,267 homes designated for women and children escaping domestic violence and older women at risk of homelessness.
Housing Australia has recommended contract negotiations for 185 projects, with construction on almost 40% of the 13,742 dwellings forecast to get underway this financial year.
Round one of the program will provide an ongoing funding stream to build 40,000 social and affordable housing projects, with applications for round two opening in the next 6-months.
Approximately 700 of the homes are due for completion this financial year, ready for tenants to move in, Housing Australia says.
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