Incoming Federal Government’s Housing Policies
The new Labor government has promised that it will create a $10 billion Housing Australia Future Fund which will build 30,000 new social and affordable housing properties in its first five years.
The Fund will aim to build around 20,000 social housing properties including 4000 specifically for women and children escaping domestic and family violence and older women at risk of homelessness.
The ALP will establish a National Housing Supply and Affordability Council, which will be advised by experts from various sectors with the aim to finding the best approaches to increasing housing supply and improving affordability.
The National Housing and Homelessness Plan will be developed in consultation with key stakeholders from across national, state and territory, and local governments and private sectors. It will aim to set key short-, medium- and longer-term reforms needed to increase the supply and affordability of homes to buy and rent and reduce rates of homelessness.
(Source: Homelessness Networker Coordinator- Northern Region, 25.5.22)