Labor has announced a $106 million housing affordability package which it says will assist people who are struggling to break into the rental and home ownership markets.
In making the announcement on Sunday, Labor Leader Rebecca White said the policy would assist 12,800 people over six years through the building of new properties and upgrading of existing public housing.
“This is not just about building news houses – this is about addressing the housing crisis which requires more than bricks and mortar.”
Ms White said there was a particular focus on lower socioeconomic people aged between 18 and 25, and aged over 55.
Under the plan:
- 900 new houses would be build with 433 houses to be completed within two years;
- 75 new homes would be built in regional areas;
- three multi-residential developments would be built around the state, totaling 90 units;
- two youth emergency accommodation facilities would be built in the North and North-West;
- the HomeShare program, which reduces home deposits, would be expanded;
- and more public housing stock would be sold.
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