Housing accord could be game changer for rental crisis
Bill Woods is joined by Kate Colvin, national spokesperson for Everybody’s Home, the national campaign for real housing solutions, who say the major housing package announced in the federal budget is a landmark step towards tackling Australia’s rental crisis
The National Housing Accord includes an additional $350 million to build 10,000 affordable homes over five years from 2024, on top of the $10 billion Housing Australia Future Fund which will build 30,000 new social and affordable housing properties.
State and territory governments have also committed to building 10,000 homes under the Accord.
It also includes a target to build one million well-located and energy-efficient homes over the same period.
Ms Colvin welcomes the package. “After almost a decade of the Coalition shirking federal responsibility on desperately needed investment in affordable rentals, the new Federal Government is showing national leadership,” she says.
“The Accord has the potential to be a game changer for housing affordability, which has spiralled out of control with devastating consequences for so many Australians.
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