MASTER Builders Victoria has welcomed a funding boost of up to one billion dollars for additional low-interest loans and government guarantees to support the financing of social and affordable housing.<\/p>\n
CEO Michaela Lihou said the implementation of the State Government\u2019s recently announced Affordable Housing Investment Partnership signalled another step toward easing the housing crisis.<\/p>\n
The partnership is expected to support the financing of up to 6000 new social and affordable homes.<\/p>\n
\u201cThe ongoing investment from the state government will ensure a strong pipeline of work for the building and construction industry,\u201d Ms Lihou said.<\/p>\n
\u201cNot only will it ensure more homes for those in need, it is a boost to the local industry and a signal for a stronger future.\u201d<\/p>\n
However, Ms Lihou also said existing pressures on the sector and its capability to successfully complete work must remain a consideration for government.<\/p>\n
\u201cMBV believes the industry and government can work together to reduce the cost of building and deliver more homes in a shorter timeframe,\u201d she said.<\/p>\n
\u201cAddressing the barriers to a greater supply of housing will form part of the solution to reduce the pressures on rental and housing affordability in Victoria.<\/p>\n
\u201cInvesting into skills and innovation will boost supply, and create a pipeline of work for our industry, support our economy and deliver better rental affordability outcomes.<\/p>\n
\u201cThis must be a consideration as the state government lays a pathway to housing availability and affordability.\u201d<\/p>\n
Ms Lihou said Master Builders Victoria and its members continue to anticipate the release of the State Government\u2019s housing statement.<\/p>\n
\u201cSolving the issues requires a policy-driven approach with a strengthened workforce as a key pillar,\u201d she said.<\/p>\n
\u201cThe Victorian Government\u2019s housing policy presents an important opportunity to set the industry on solid ground, ensuring a pipeline of work for builders across the state and a security for consumers.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
MASTER Builders Victoria has welcomed a funding boost of up to one billion dollars for additional low-interest loans and government guarantees to support the financing of social and affordable housing. CEO Michaela Lihou said the implementation of the State Government\u2019s recently announced Affordable Housing Investment Partnership signalled another step toward easing the housing crisis. The […]<\/p>\n