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{{propApi.successMessage}} {{region}} Change locationHousing Industry Association welcomes investment in social housing
Housing Industry Association welcomes investment in social housing
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HIA welcomes the Cook Government’s announcement this morning to invest $840 million into the housing industry with a focus on social and affordable housing.
Monday, 06th May 2024
HIA Executive Director Michael McGowan said the industry was supportive of the announcement and the inclusion of affordable housing in the funding strategy.
“The current housing challenge has increased the gap between the private market and social housing, so the need to provide more assistance to affordable housing is critical,” said Mr McGowan.
“Expanding the available funding to include social and affordable housing increases the support for Western Australians looking to move out of social housing and begin their journey towards their own home.
“One of the biggest learnings over the last 10 years has been the need for continual investment in social and affordable housing. It forms an important part of the WA Housing Strategy and as we increase the volume of housing delivery over the next five years these additional 5,000 homes will be critically important,” he said.
“The focus on where rather than what we are building is also fundamental in the delivery of social and affordable homes.
“The combination of State Government funding and the Federal Government’s Housing Australia Funding will allow more projects to deliver homes closer to transport precincts and Metronet hubs; not only providing shelter but also improving access and opportunity.
“The announcements by the Cook Government over the last 48 hours to support our future workforce and funding for our future homes will provide a significant boost in the quest to build more homes for Western Australians,” said Mr McGowan.
“The current housing challenge has increased the gap between the private market and social housing, so the need to provide more assistance to affordable housing is critical,” said Mr McGowan.
“Expanding the available funding to include social and affordable housing increases the support for Western Australians looking to move out of social housing and begin their journey towards their own home.
“One of the biggest learnings over the last 10 years has been the need for continual investment in social and affordable housing. It forms an important part of the WA Housing Strategy and as we increase the volume of housing delivery over the next five years these additional 5,000 homes will be critically important,” he said.
“The focus on where rather than what we are building is also fundamental in the delivery of social and affordable homes.
“The combination of State Government funding and the Federal Government’s Housing Australia Funding will allow more projects to deliver homes closer to transport precincts and Metronet hubs; not only providing shelter but also improving access and opportunity.
“The announcements by the Cook Government over the last 48 hours to support our future workforce and funding for our future homes will provide a significant boost in the quest to build more homes for Western Australians,” said Mr McGowan.
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