Noosa News
Social housing boost could power Australia’s recovery from coronavirus recession
A coalition of anti-poverty groups, unions, construction industry bodies and the multi-billion-dollar heft of the industry super sector have come together to try to fix Australia’s biggest housing problem: social housing.
Key points:
- The National Affordable Housing Alliance wants 10-times more social housing built annually in Australia
- There are currently 4,500 social housing dwellings built in the country per annum by the Federal Government
- The Federal Budget added $1 billion to the National Housing Finance and Investment Corporation, which provides low-cost finance to organisations wanting to build social housing
Owned and run by governments or not-for-profit agencies, social housing puts a roof over the heads of people on low incomes,…
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