Cheers To That: $1.8bn Affordable Housing Strategy Announced

The Palaszczuk Government is investing $1.8 billion to build more than 5,000 extra homes to deliver social and affordable housing in Australia.

4522 social homes and 1034 affordable homes are set to be delivered under the announcement.

“Housing is fundamentally about people and our $1.8 billion investment puts people first,” Premier Annastacia Palaszczuk said.

“Secure housing enables young people to finish their education. It provides the stability that keeps families together. And it gives people the secure base they need to get and keep a job.

“This $1.8 billion investment is a launch pad for opportunity and aspiration.”

Ms Palaszczuk said that through the new 10-year Queensland Housing Strategy the Government will:

• build 4,522 new social homes and 1,034 affordable homes
• support 450 full-time construction jobs a year
• introduce inclusionary requirements for new dwellings on state land (5-25% for social and affordable)
• invest $20 million to construct new Youth Foyers in Townsville and on the Gold Coast and expand the existing Foyer in Logan
• commit $75 million to Aboriginal and Torres Strait Islander home ownership
• invest $30 million to reform the housing system
• create housing and homelessness hubs to improve service delivery
• strengthen consumer protections for retired people.