Greater Geelong
Greater Geelong is one of the sought after locations. Image – Canva
  • Regional developers and landowners asked to put forward proposals
  • $80M to address housing affordability particularly in rural areas
  • The deadline for proposals is Thursday 7 October 2021

In light of a decline in housing affordability, housing supply failing to meet demand and industry bodies calling on the government to address the housing shortage, the Victorian Government has announced $80 million funding for social and affordable housing.

Regional developers and landowners are being called on to consider putting forward any developments or vacant land that could be converted into social or affordable accommodation.

Minister for Housing Richard Wynne said the funding will create jobs while also delivering housing.

“As Victoria continues to grow, so does demand for social and affordable housing – that’s why we’re delivering more housing for Victorians in need, as well as low and moderate income households, while creating thousands of jobs,” he said.

“We are calling on landowners and developers to put their hand up to help make a contribution towards the future of their community, create jobs and put a roof over heads of Victorians who need it the most.”

Richard Wynne, Minister for Housing

The government will focus on acquiring new homes, house and land packages and developable land zoned for residential use in this round of funding.

Interested landowners and developers can submit proposals to Homes Victoria. Collaboration with community housing providers, local government and other organisations is encouraged.

Proposals will need to be submitted by Thursday 7 October 2021 and meet guidelines such as proximity to retail, schools and transport.

The preferred areas for proposals are Greater Geelong, Latrobe, Moorabool, Golden Plains, Greater Shepparton, Baw Baw, Mildura, Wellington, East and South Gippsland, Macedon Ranges, Bass Coast, Surf Coast, Mount Alexander, Horsham, Swan Hill, Alpine and Mansfield Local Government Areas. Although all regional areas will be considered.

You May Also Like

Third.i seeks Newcastle expansion

Development group currently completing several projects in area with plans for further investment

$50M redevelopment approved for 60s-era commercial block

24 Bay Street is a rare example of 1960s commercial architecture

Aniko Group hones in on Chevron Island

The group has acquired a three-lot site on the island

Iris Capital’s Queensgate sales top $121M

23 of 48 apartments already sold