The Victorian Government has announced it will spend $5.3 billion to build more than 12,000 public housing homes over the next four years.
Construction will start immediately on what is being described as the largest ever investment by a state government in public housing across the country.
The project is estimated to create 43,000 jobs.
Housing Minister Richard Wynne said the Government had already identified nine sites where construction could begin in Melbourne.
"Many of those are adjacent to existing public housing sites," he said.
"It's all state government land and we'll be getting on with the big build."
He said 25 per cent of the homes would be built in regional Victoria.
The Victorian Government had been flagging an intention to fund large infrastructure projects in the state budget, to be handed down on November 24, to help Victoria recover from the nation's longest coronavirus lockdown.
Victorian Council of Social Service (VCOSS) chief executive Emma King said the investment in public housing was "genuinely unprecedented".
"We've been calling for this for as long as I can remember," she said.
"We've not seen investment of this scale before … we have a desperate need for it in this state. I don't think any other state or territory in Australia is investing to this magnitude, nor is our Federal Government."
Ms King said providing safe housing would be a game-changer for thousands of families.
"We know that housing is a springboard to a good life and a life of wellbeing so this announcement is going to change thousands of lives," she said.
"It's going to make people happier and healthier and much more able to engage in work, education and the community around them."
https://news.google.com/__i/rss/rd/articles/CBMicGh0dHBzOi8vd3d3LmFiYy5uZXQuYXUvbmV3cy8yMDIwLTExLTE1L3ZpY3Rvcmlhbi1nb3Zlcm5tZW50LWFubm91bmNlcy0kNS4zYi10by1idWlsZC1uZXctcHVibGljLWhvdXNpbmcvMTI4ODQ5NjLSASdodHRwczovL2FtcC5hYmMubmV0LmF1L2FydGljbGUvMTI4ODQ5NjI?oc=5
2020-11-14 21:44:00Z
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