Q Shelter, Queensland’s peak representative body for the housing and homelessness sector, has welcomed the level and timeliness of the state government’s investment in housing and support in this year’s budget, calling it ‘a housing budget that will ensure more Queenslanders have a place to call home’.
2.9 Billion Investment
The Queensland budget includes $1.9 billion for new supply and upgrades to social housing and to support the housing and homelessness system over the next four years, and a $1 billion Housing Investment Fund to drive new social and affordable housing supply through returns. The fund will help engage a range of partners, including community housing providers, the development industry, institutional investors and others in innovative housing solutions.
Work to increase supply and upgrade existing stock is to be fast tracked.
Q Shelter also welcomed inclusion of expanded Domestic and Family Violence program funding and a targeted housing response for older women.
Shelter WA CEO Michelle Mackenzie reiterated Q Shelter’s support of the Queensland budget.
“The level of new investment, urgency with which it is to be delivered and degree of innovation through the Housing Investment Fund is to be applauded,” she said.
Community Housing Sector
Ms Mackenzie said it was very pleasing to see the Queensland Government recognise the value community housing providers can bring to delivering quality social and affordable housing supply through their inclusion as key partners in the Housing Innovation Fund. She urged the WA Government to more fully utilise the potential of the Western Australian community housing sector to help solve our state’s housing crisis.
In Queensland, work on more than 6,300 new homes will commence over the next four years through the budget measures, including 3,600 homes through the Housing Innovation Fund.