10 February, 2024
Big Build initiative to expand
The State Government’s forthcoming housing plan is set to expand the Big Build initiative, aiming to deliver 53,500 social homes in Queensland by 2046.
The target is supported by a down payment of $1.25 billion, adding to the Government’s existing $6 billion investment in social and affordable housing.
Collaboration with the Federal Government, utilising programs like the Social Housing Accelerator and Housing Australia Future Fund, will further boost funding.
The combined investments are anticipated to accelerate the delivery of public and community housing in Queensland to over 2,000 homes annually by 2028.
The Homes for Queenslanders initiative incorporates historical and predictive analysis to address social housing needs, marking a pioneering approach in Australia.