Affordable Housing Industry Advisory Group<\/a>, said by co-designing a plan with industry experts, they expect a government plan would be well positioned to attract new private investment, get new housing on the ground and maximise the public return on investment.
\n\u201cThe Coronavirus crisis presents us with an opportunity to embed new ways of partnering and investing that overcome traditional barriers and deliver real social and economic returns.
\n\u201cA well-designed and implemented Social and Affordable Housing Industry Plan will support immediate housing stimulus, drive economic activity and jobs, deliver critical housing with corresponding social benefits, and support the transition to a sustainable social and affordable housing industry in Victoria.\u201d
\nIt is estimated Victoria requires at least 6,000 new social housing dwellings to be built each year for the next 10 years if Victoria is to match the national average of 4.5 per cent of all households in social housing.
\nThis requires bold action and major investment by all levels of government, for every $1 invested in social and affordable housing, the community reaps the benefit of $3 of economic value.
\nThe Advisory Group is proposing to work with government to design and implement a 10-year industry plan, underpinned by government investment and new dwelling targets, that promotes industry collaboration, innovation and maximises return on government investment. A well designed, long-term strategy can position Victoria to attract large-scale private investment, including from superannuation funds; support new forms of affordable housing; and deliver more housing for people in need.
\nInvestment in social and affordable Housing is proven to deliver short term economic stimulus and long-term economic and social outcomes.
\nA focus on delivering new housing in established areas and government priority precincts will also deliver on a wider range of government objectives.
\nWith governments at all levels exploring opportunities to stimulate economic activity, the Advisory Group is keen to support the state government to build on its existing commitments to Social Housing renewal and renovations, and its good work in temporarily housing people that were homeless at the start of the crisis.
\nThe COVID-19 crisis has reinforced the importance of safe, secure and affordable homes to maintain a healthy society and the need for concerted and coordinated action.<\/p>\n","protected":false},"excerpt":{"rendered":"In the face of a major social and affordable housing crisis in Victoria, property and development industry and community housing sector players have joined forces to call on the Victorian government to develop and roll out a 10-year Social and Affordable Housing Industry Plan and investment package. The Affordable Housing Industry Advisory Group (the Advisory […]<\/p>\n
Read More…<\/a><\/p>\n","protected":false},"author":29,"featured_media":33277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[19],"tags":[],"post_folder":[],"class_list":["post-33276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"acf":[],"yoast_head":"\nIndustries join forces with community housing sector - Geelong Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timesnewsgroup.com.au\/geelongtimes\/real-estate\/industries-join-forces-with-community-housing-sector\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Industries join forces with community housing sector - Geelong Times\" \/>\n<meta property=\"og:description\" content=\"In the face of a major social and affordable housing crisis in Victoria, property and development industry and community housing sector players have joined forces to call on the Victorian government to develop and roll out a 10-year Social and Affordable Housing Industry Plan and investment package. 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