The Victorian Government is ramping up delivery of the Big Housing Build across the state with the first allocation of funds to community housing projects – with more than $1 billion in projects to commence this year.
The Government is investing $45.8 million in Croydon delivering 137 new social housing homes, creating more local jobs and supporting those most in need in the community.
The project is part of almost $740 million the Labor Government is investing in 89 community housing projects across regional and metropolitan areas.
This investment will deliver 2,352 homes across the state giving more Victorians the stability of a home while creating more than 9000 jobs – with shovels expected to be in the ground by the end of the year.
The homes will be made available to those in the most need of housing including people living with mental illness or disability, people escaping family violence, Victoria’s First Peoples and individuals experiencing homelessness. The investment includes 62 new supported independent living homes for Victorians living with mental illness being built across four sites announced in June.
The Government’s $5.3 billion Big Housing Build is delivering more than 12,000 new homes – boosting Victoria’s social housing supply by 10 per cent – while generating 10,000 jobs each year over the four-year program. The Big Housing Build is investing $1.25 billion in regional areas – ensuring the programs economic and social benefits are felt in communities across the state.
Quotes attributable to the Member for Eastern Metropolitan Region, Sonja Terpstra
“These Big Housing Build projects will stimulate our local economy while providing the stability and security of a home for those in our community that need it most “
“These projects will create jobs right here in Croydon – with construction expected to be in underway this year.”
Quote attributable to Minister for Housing Richard Wynne
“Our record investment in housing is not only providing a roof over the head of vulnerable Victorians who need it – it’s creating thousands of jobs and supporting the Victorian economy.”