;
Industry News, Latest News, Projects, Victoria

VIC funds Geelong social housing blitz

Tasmania has recorded the highest number of monthly dwelling approvals in a decade, with 369 being reported, which is expected to continue according to the state government.

The Victorian Government has announced a $21.6 million upgrade of the Ormond Road public housing precinct in Geelong as part of its $5.3 billion Big Housing Build.

The Ormond Road upgrade is expected to provide 27 new social housing homes, increasing housing options for people at risk of or experiencing homelessness, women and children escaping family violence and Aboriginal Victorians.

The project – which will also create 194 local jobs – is also planned to provide 27 affordable homes, providing new options for residents of Geelong looking for affordable rental options.

The new homes will replace the 18 existing ageing social housing homes at the site, delivering much-needed growth of social and affordable housing in regional Victoria.

Consultation on the masterplan with current residents and other key stakeholders has started and construction is anticipated to be completed by 2024.

Related stories:

“The announcement of funding for the Ormond Road housing precinct is an important milestone in this incredible investment in new homes across the State. The development will provide more social and affordable housing for those who need it most, which is great news for the Geelong community,” Victorian Housing Minister Richard Wynne said.

“Our Big Housing Build is providing a roof over their head for Victorians who need it and create thousands of local jobs, supporting our state’s economic recovery.”

The work at Ormond Road adds to the more than 1100 homes that are already under construction across the State as part of the Big Housing Build. More than $1 billion has been spent on construction and development since the program started, creating 2500 jobs.

“This investment will make a real difference, providing people with the safety and security of social and affordable housing and helping build a strong local community,” Member for Geelong Christine Couzens said.

Leave a Reply