THE State Government has committed to invest at least $30 million into public and community housing in the Macedon Ranges as part of its $5.3 billion Big Housing Build.
The multi-billion-dollar investment, to be included in today’s State Budget, is estimated to build more than 12,000 homes across the state and support about 10,000 jobs each year over four years, in a bid to boost the state’s economic recovery from the COVID-19 pandemic.
The Macedon Ranges has been identified as one of 21 priority areas across Victoria, with expressions of interest currently being sought from the housing and building sectors.
The program will deliver secure, modern, and affordable homes throughout Victoria – with 25 per cent of funding to be allocated to regional Victoria – including a minimum investment of $30 million in the Macedon Ranges.
More than 9000 new social housing homes will be delivered through the build, including the replacement of 1100 old public housing units.
The State Government said the investment would help Aboriginal people, pensioners, Victorians with disability, family violence victims and single parent families find their feet.
Of the new homes, 2000 will be directed towards Victorians living with mental illness and 2900 new affordable and low-cost homes will be built to help low-to-moderate income earners live closer to where they work and provide options for private rental.
Combined with new housing from existing investments including the Public Housing Renewal Program and Social Housing Growth Fund, the construction of more than 15,800 new homes will begin over the next four years.
Member for Macedon Mary-Anne Thomas said the funding would deliver a safe and secure place to call home for everyone.
“This profound investment will make the world of difference to people in our community who need the stability and safety of a roof over their heads, to get ahead and thrive,” she said.
Cobaw Community Health general manager community services Julie Cairns said access to affordable housing had been a growing and serious issue for the Macedon Ranges community.
“An increase in local housing options will assist people to stay living in the area and address a critical housing shortage,” she said.