Record response to build new homes in NSW

Friday, April 24 2009

There’s been a record response to the call for tenders to build new social housing dwellings in NSW.

The tender process called for proposals of land and multi unit packages for potential purchase as social housing under the Nation Building - Economic Stimulus Plan.

In just four weeks, submissions for 877 sites were received, with the potential to deliver more than 15,000 new homes.

Approximately 75 per cent of the new properties will be ready for tenants to move in to by December 2010.

Over the next three years, the Australian and NSW Governments will invest $3 billion to build around 9,000 additional social housing homes in NSW, in a range of locations across the State.

In partnership with the States and Territories, 20,000 new social housing units will be constructed under the $6.4 billion social housing component of the Economic Stimulus Plan. This includes $400 million over two years for repairs and maintenance to existing public housing dwellings.

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