The WA government is calling on interested homeowners to sell their properties, which will be used to increase the supply of social housing and tackle homelessness in the state.
The state government recently unveiled a record investment of $ 875 million to increase the social housing stock across Western Australia.
The investment includes the creation of a $ 750 million social housing investment fund, with $ 228 million set aside for short-term projects to increase the number of social housing and $ 522 million to deliver new social housing from 2022 to 2023.
As part of the investment program, the State Department of Communities will seek out real estate owners who may be interested in selling their properties to the State.
Housing Minister John Carey said investing is a practical approach to providing more social housing in Western Australia.
"We are investing in programs such as reallocating affordable housing to social housing, purchasing properties on-site, and investing in faster and alternative construction methods such as modular homes. Mr. Carey said.
“We need an immediate boost in social housing, but we also need to recognize that in the current market, housing construction will take some time. "
This recent investment represents the largest single injection of funding for social housing in WA history.
WA Premier Mark McGowan said the state has spent more than $ 2.1 billion to finance approximately 3,300 social housing units.
“The government is using its strong budget surplus to provide record funding to expand and modernize social housing in Western Australia to support vulnerable people,” Mr. McGowan said.
"Our total investment will dramatically improve the quality and accessibility of social housing for vulnerable Western Australians."
This additional investment which will be used over the next four years includes:
$ 168.8 million for the conversion of approximately 500 affordable housing units
$ 40 million for a one-off purchasing program in metropolitan France and in the regions for social housing
$ 6 million for the conservation and renovation of approximately 120 existing properties
$ 12.8 million to conduct building appraisals on over 10,000 aging public housing units and regional government agent housing assets
$ 5.5 million to help plan and develop a business case for future social housing development on state government land
$ 522 million to deliver new social housing from 2022 to 2023
Development of two common land facilities underway
Those interested in selling their properties to the state are encouraged to contact [email protected] .
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