The Victorian Government have announced a $5.3 billion Big Housing Build program to construct more than 12,000 new homes throughout metro and regional Victoria.

Big Housing Build is Australia’s biggest ever investment in public and community housing and also delivers on sustainability, with new homes being built to 7-star energy efficiency standards.

The package aims to:

• Boost to Victoria’s social housing supply by 10 per cent in four years
• Build 9,300 new social housing homes – including replacing 1,100 old public housing units
• Build 2,900 new affordable and low-cost homes
• Allocated 25 per cent of funding to regional Victoria

More information here