$5.3 BILLION PUBLIC AND COMMUNITY HOUSING BUILD
The Victorian Government recently announced Victoria’s (and Australia’s) biggest ever investment in public and community housing.
The Victorian Budget will deliver the $5.3 billion Big Housing Build to construct more than 12,000 new homes throughout metro and regional Victoria, as well as supporting around 10,000 jobs, per year over the next four years.
This package will boost our state’s social housing supply by 10 per cent in just four years – with 25 per cent of funding to be allocated to regional Victoria. This unprecedented investment will generate an estimated $6.7 billion in economic activity and support a peak of more than 18,000 jobs.