15/11/2020
Today we're announcing the biggest public housing program this state, and country has ever seen.
We're funding over $5.3 billion to build 12,000 new homes right across Victoria.
Secure and long-term accommodation for thousands of families.
We're rebuilding over 1,000 existing public housing properties, and 2,000 new homes will go directly to Victorians living with a mental illness.
Almost 3,000 rental homes will be built to help low and middle income families move closer to where they work at an affordable price.
Every home built will be sustainable too – and they'll all have a seven star energy rating.
And over 10,000 jobs will be created on average every year for four years, providing work for builders, plasterers, plumbers, electricians, concreters, designers and more – and helping kick-start our economy like never before.
It'll increase our housing supply by 10 per cent, and help inject over $6.7 billion into the Victorian economy.
And these aren't just places to live - they're homes to be proud of, and foundations Victorians can rely on too.
This pandemic has exposed cracks and pitfalls right across the community.
But if we want to build a stronger state, and recover better than before:
Victorians need certainty, security and a fairer future.