Local: Fri
Sydney: Fri
Select Destination
Location Time Temp
Sydney Fri24°
Melbourne Fri21°
Brisbane Fri27°
Perth Fri26°
Adelaide Fri
Hobart Fri16°
Canberra Fri29°
Darwin Fri30°

news

Get our help FREE advice or find service providers with our bookJobs Now

$650m for social housing in W.A.

02 June 2015 by News Desk

property_01The government of Western Australia has announced a $560 million plan to increase social housing in the State.

Housing Minister Colin Holt said the money would deliver up to 1500 homes, including 1000 that would be built, purchased or leased over the next two years for seniors and families with children on the priority waitlist.

Funding includes $85 million of Department of Housing land, $452 million – including $85.2 million from Royalties for Regions – for housing development, and $23 million in operational costs.

“The focus will be on constructing new homes, augmented by spot-purchasing or pre-purchasing competitively priced dwellings, leasing private rental stock and renewal of existing public housing sites,” Mr Holt said.

The package will support infill development by transforming under-used public housing sites into new housing, some of which would be retained for social housing and some would be sold to the general market.



We use cookies on Thinking Australia

This website uses cookies to ensure you get the best experience on our website. Please confirm permission to use cookies.
Cookie Policy Privacy policy