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{{propApi.successMessage}} {{region}} Change locationBoost for new homes across Victoria
Boost for new homes across Victoria
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“This investment is for enabling civil works including roads, sewerage, water and power that will support the delivery of 3,781 dwellings which will be a mix of new social homes and private residential lots.
“Part of the total spend includes, $4.5 million being provided to deliver infrastructure upgrades from the Burwood Highway, Knoxfield. This will pave the way for around 400 new dwellings and increase access to the area.
“Also, more than $88 million is being made available for to boost housing supply and bring forward housing projects in regional Victoria.
“This investment is critical to build both social and private homes faster, as builders often tell us that getting this key ‘last mile’ infrastructure is what holds many projects back from being delivered in a more-timely fashion.
"HIA strongly advocated for a boost in enabling infrastructure funding as part of this year’s Federal Budget and were pleased to see $1.5 billion being committed by the Federal Government to support states, territories and local governments to unlock new homes.
“It is therefore encouraging to see this funding now being rolled out to support key housing projects, in order to boost housing supply across the country,” concluded Ms Martin.
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Strength of HIA advocacy on display
The Housing Industry Association (HIA) has been at the forefront of advocacy, fighting hard for our members and industry. We are pleased to highlight a few important wins achieved over the past week.
APRA's handbrake could exacerbate inequities in wealth
The following comments can be HIA’s Chief Economist, Tim Reardon in relation to the APRA announcement to limit lending.
Progress on EPBC reform positive but implementation now critical
“The Housing Industry Association (HIA) is pleased to see progress on the long-awaited and much debated EPBC Act reforms, though the final details on the new laws and how they will be implemented now become critically important,” HIA Managing Director Jocelyn Martin said today.
Changes to building permit applications commence
The Victorian Government has just announced changes to the method of calculating the cost of building work for building permit applications. The changes aim to ensure that the building permit levy is only charged for actual building work.