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Haven applauds groundbreaking $5.3B investment in social housing

15 November 2020

We congratulate the State Government of Victoria on today’s groundbreaking commitment of $5.3 billion to build more than 12,000 new social housing homes over the next four years.

Haven; Home, Safe CEO Ken Marchingo AM said this investment in both public and community housing for people on low incomes was a game-changer for the state and for the nation giving thousands of people the security and stability of a home as well as creating thousands of jobs.

“We applaud the Premier, Treasurer, and the Minister for Housing Richard Wynne for this fabulous, life-changing housing initiative,” Mr Marchingo said.

“We can’t wait to get cracking on this in partnership with the State Government and Homes Victoria.”

Mr Marchingo said the Home Victoria building program would go a long way in addressing homelessness across the state and the shortage of affordable housing options for many vulnerable Victorians.

“Like Richard Wynne, I’ve travelled this path for over 30 years, advocating, agitating, lobbying, and along the way created Victoria’s and Australia’s first registered Affordable Housing Association.

“We’ve also known that you can’t create subsidised housing for people in need without a subsidy and here it is, at last.”

Up to $765 million will be spent in regional Victoria, where there is a high demand for access to social housing in areas such as:

Local government area

Guaranteed minimum investment

Ballarat

$80,000,000

Bass Coast

$25,000,000

Baw Baw

$35,000,000

Horsham

$15,000,000

Golden Plains

$15,000,000

Greater Bendigo

$85,000,000

Greater Geelong

$180,000,000

Greater Shepparton

$45,000,000

Latrobe

$60,000,000

Macedon Ranges

$30,000,000

Mildura

$40,000,000

Mitchell

$25,000,000

Moorabool

$20,000,000

Surf Coast

$20,000,000

Swan Hill

$15,000,000

Wangaratta

$20,000,000

Warrnambool

$25,000,000

Wodonga

$30,000,000

Total

$765,000,000

 

 

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