Building a new future

Victoria’s Big Housing Build is the largest-ever investment in social and affordable housing in Victoria – it’s much needed and very welcome.

Some key facts about the Big Housing Build:

• $5.3 billion investment in social and affordable housing to be delivered over four years.
• At least 25% of the investment in rural and regional Victoria.
• It will provide a total of 12,000 social housing properties, including the replacement of 1,100 public housing units.
• The Community Housing sector will receive $1.38 billion to develop 4,200 of the new social housing homes. In addition, 4,000 more will be built on government land or be spot purchased by the government and are to be managed by community housing organisations.
• All new homes should achieve a seven-star nationwide housing energy efficiency rating.
• There are a few specific targets in the new homes.
• Ten per cent will be targeted to Aboriginal households.
• 2,000 will be targeted for renters with a mental illness.
• 1,000 or so will be targeted specifically for victim-survivors of family violence.