New Investment in Social Housing Welcomed

Shelter WA welcomes today’s funding announcement by the McGowan Government of new investment of $125M into social housing, $6M refurbishment of homes and $19.2M via shared equity into Keystart.

The joint announcement today by the Hon Mark McGowan, Premier of Western Australia, the Hon Peter Tinley AM MLA, Minister for Housing and the Hon Simone McGurk MLA, Minister for Community Services will ensure more West Australians have a place to call home.

Shelter WA believes this funding is a step in the right direction. The build of 300 new homes, and refurbishing of current public housing is critical for liveability, will alleviate pressures on the social housing system for people at risk of or experiencing homelessness.

While there is the initial benefit for individuals and families of having a home, the benefits will go much further. “Research shows investing in social housing saves money in our health system and reduces the pressure on our police and justice systems” said Michelle Mackenzie, CEO Shelter WA. Whilst investment in new housing stock is absolutely critical, additional investment in homelessness services will be vital to enable people to maintain and sustain tenancies in these new homes.

We congratulate the McGowan Government on this investment. Today’s announcement is an acknowledgment of the importance of social housing as core infrastructure for the State. A home enables people to participate in the community and the economy. Building homes create jobs in the construction sector and contributes to economic growth.

“In the longer term, this investment presents a great opportunity for the Government to leverage the capability of the community housing sector,” said Michelle Mackenzie, CEO Shelter WA.

Whilst we know more investment is needed, today’s announcement is very welcome. It is an acknowledgment of the critical role of social housing in the housing system and in ending homelessness, and that investment is important not just for individuals and families, but for the broader community and the WA economy.

 

FAST FACTS

  • Over 9,000 people experience homelessness every night across WA.
  • Over 14,000 on the wait list for social housing.
  • Average wait time of 2.5 years.
  • 46,800 more social houses are needed to meet current demand.

 

Media Contact: Michelle Mackenzie, CEO: 0419 931 819.