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Governments deliver new affordable housing in inner Brisbane.

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Tanya Plibersek MP Minister for Housing Minister for the Status of Women

Karen Struthers MP Minister for Community Services and Housing Minister for Women


Governments deliver new affordable housing in inner Brisbane

Federal Minister for Housing Tanya Plibersek and Queensland Minister for Housing Karen Struthers today opened a new affordable housing project at Newstead in central Brisbane.

The 95 apartments have been developed by the Brisbane Housing Company (BHC) and were built by McNabb Constructions.

The units comprise 30 National Rental Affordability Scheme homes, 26 affordable homes funded by the Nation Building Economic Stimulus Plan and 39 privately owned units.

Up to 200 jobs have been supported through the building project, and around 50 apprentices and 10 Indigenous employees worked on the site.

Ms Plibersek said that around Australia, Federal Government programs were increasing the stock of affordable housing by 80,000 homes by 2012.

“The $5.6 billion social housing initiative will deliver over 19,300 new homes, repair more than 70,000 others and support more than 15,000 jobs across the country.

“The program is delivering great value for money with an average per unit cost across the nation of $270,000 - well below the $300,000 in the program guidelines.

“The Government is also investing more than $1 billion in the National Rental Affordability Scheme over the next four years - a program that will deliver 50,000 affordable rental homes across Australia,” Ms Plibersek said.

Ms Struthers said the new homes at Newstead were ideally located on the fringe of the CBD, with access to hospitals, shops, schools and public transport, including bus and river ferry.

“I am also delighted that this project has supported up to 200 jobs for builders, tradespeople and their suppliers through the construction phase.

“One of the best things we can do for people who are doing it tough is to provide a range of housing options to meet a range of circumstances.

“By working with other levels of government and community organisations like BHC, we are delivering affordable housing solutions for people who need it most,” Ms Struthers said.

BHC Chief Executive, David Cant said the development would be a catalyst for the future of affordable housing projects in Queensland and around Australia.

“Our Newstead development heralds a new era for the affordable housing industry.

“By creating mixed tenure developments of affordable and private for sale housing, we will normalise the concept of affordable housing, build diverse communities and help address the shortage of housing options,” Mr Cant said.

For Ms Plibersek: Darrin Barnett 0428 119 703 For Ms Struthers: Kerryn Manifold 0439 781 886 [30 June 2010]