The Albanese Government is unlocking more homes in Victoria through funding the critical infrastructure that allows housing to be built more quickly.
The Australian Government is providing more than $248 million to fast-track 3,781 dwellings across the State through the $1.5 billion Housing Support Program.
Funding will be used on enabling infrastructure works across the state such as roads, sewage and water, as well as supporting access to social housing and increasing housing supply.
$4.5 million is being provided to deliver a signalised intersection and left turn lane access from Burwood Highway, Knoxfield. This will pave the way for around 400 new dwellings and increase access to the area.
More than $88 million is being made available for social housing and enabling infrastructure across regional Victoria. At least 10 per cent of funding is directed towards First Nations’ housing outcomes, consistent with the Victorian Government’s commitment under the Big Housing Build.
The Housing Support programs provides funding that increases housing supply by funding the infrastructure and amenities needed for new housing development, as well as improvements in building planning capability.
It’s part of the Albanese Government’s $32 billion ³Ô¹ÏÍøÕ¾s for Australia Plan to meet the ambitious national target of building 1.2 million new, well-located homes over the next 5 years.
Quotes attributable to Federal Minister for Infrastructure, Transport, Regional Development and Local Government Catherine King:
“We have a $32 billion plan which is already building more homes, helping people buy homes, massively increasing rent assistance, and getting more social and affordable homes into the system.
“We are turbocharging works to get housing sites ready more quickly so the building can begin to get people into their new homes sooner.
“Together with the Victorian Government we’re delivering new homes close to jobs, schools, transport.”
Quote attributable to Victorian Minister for Planning Sonia Kilkenny:
“After a decade of neglect from the former Liberal ³Ô¹ÏÍøÕ¾ government, we welcome having a partner in Canberra that’s serious about delivering more infrastructure and more homes in Victoria.”
Quote attributable to Victorian Minister for Housing Harriet Shing:
“Our partnership with the Federal Government is an essential part of delivering more and better homes for Victorians through the first round of the Housing Support Program. We know that there is more to do all over Australia to address the housing shortage, and we are determined to use Commonwealth funding to ensure that all Victorians have access to safe, secure, and modern homes that they are proud to call their own.”
