Such a great announcement and I’m so pleased to be able to work with and support the communication and engagement teams at Homes Victoria.
Homes Victoria will be delivering even more social and affordable homes and thousands of new jobs through an innovative ground lease model.
In a first-of-its-kind for social housing in Australia, Homes Victoria are partnering with community housing organisations and the private sector to deliver 1,100 new homes in Flemington, Brighton and Prahran.
The project will build 619 brand new social housing dwellings, 126 affordable homes and 365 market rental homes, including 52 Specialist Disability Accommodation dwellings.
At the end of the lease, the land and all 1,110 dwellings will come under the management of Homes Victoria.
The project is on top of the landmark $5.3 billion Big Housing Build – the largest single investment in social and affordable housing by any government in Australia.