Queensland Housing Investment Growth Initiative
Through the Queensland Housing Investment Growth Initiative (PDF, 8244.51 KB), we will deliver a strong, coordinated program of capital investment to increase housing across the state.
The initiative provides the opportunity for partnerships with community housing providers and other groups to generate portfolio growth and enables strategic, place-based responses to housing need.
Through the Queensland Housing Investment Growth Initiative, we have the framework to boost housing supply. This includes a strategic cross-government response that will look to planning and economic development opportunities and access to underutilised government-owned land.
It is backed by a total 4-year investment of $1.813 billion to commence 6,365 social homes, create jobs and benefit trades.
The Queensland Housing Investment Growth Initiative includes:
- establishing the Housing Investment Fund, a dedicated investment to support the partnered delivery of projects to increase social and affordable housing supply
- accelerating projects through the QuickStarts Qld capital investment program across Queensland to bring forward planned construction, refurbishment, and maintenance expenditure
- sourcing headleased homes through Help to Home, a priority property sourcing approach to the private market, responding to emergent housing need.
This approach to funding enables strategic partnerships between the state and a wide range of potential participants such as the Australian Government, local governments, community housing providers, private developers, institutional investors, and not-for-profit partners, either individually or as a group.
It provides flexibility to deliver the projects that meet local needs, and enables a mix of public housing, community housing, homelessness accommodation, and mixed-use developments to be developed to support local need and leverage site-specific opportunities.
It ensures opportunities to leverage the state’s financial investment to deliver more social and affordable homes by enabling community housing providers to access funding opportunities through the National Housing Finance and Investment Corporation.
The Queensland Housing Investment Growth Initiative ensures continued opportunities in Queensland’s construction sector while providing a place to call home for thousands of Queensland households.
We plan to seek Expressions of Interest in October 2021, with detailed initial development opportunities and priorities for investment. This will be followed by a Request for Proposals procurement process.
Register below to stay up-to-date about future expressions of interest.
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- Last updated:
- 15 June 2021